Pine Gate Renewables, a US solar and storage developer, was negotiating debt restructuring that could proceed under Chapter 11 bankruptcy. The company was seeking rescue financing or a loan to support operations during restructuring in court. Its loans were secured by three collateral pools, and lenders were in talks to assume ownership of assets tied to individual loans. Pine Gate had borrowed from Brookfield Asset Management and Carlyle Group and was advised by Lazard and Latham & Watkins. A spokesperson said that talks with financing partners were still ongoing, but no decisions were made. The US solar industry was under pressure from tariffs, high borrowing costs and policy changes that ended tax breaks and slowed project development.