Pine Gate Floats Ch. 11 Carlyle Deal To Guard Recoveries

By Vince Sullivan · December 1, 2025, 6:46 PM EST

Solar development company Pine Gate Renewables LLC proposed a settlement in Texas bankruptcy court that would allow the company to sell assets serving as collateral for secured lender Carlyle while preventing...

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Bankruptcy Scorecard

Summary

Solar panel facility operator Pine Gate filed for bankruptcy protections with plans to sell its assets by the end of 2025 and confirm a Chapter 11 plan in early 2026.

Case Number

4:25-bk-90669

Judge

Christopher M. Lopez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

Total Liabilities:

$1 billion to $10 billion

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Documents

Related Sections

Case Information

Case Title

Pine Gate Renewables, LLC

Case Number

4:25-bk-90669

Court

Texas Southern

Nature of Suit

Date Filed

November 06, 2025

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