Fengate Real Asset Investments, a Canadian firm that recently opened an office in Houston, is buying 9 megawatts of solar assets in Texas and committing $100 million for further solar development. Fengate will acquire the San Antonio and Austin solar assets of Texas-based PowerFin Partners, which has offices in both cities. Fengate will also enter a co-development partnership with PowerFin and use the $100 million to develop the company's pipeline of solar projects. PowerFin has developed a 6-megawatt solar host program for San Antonio's city-owned utility CPS Energy.