Leyline Renewable Capital Announces $150 Million Investment from Newlight Partners to Provide Development Capital for Renewable Energy Projects
Injection of funding for project pre-construction signals developers are accelerating the clean energy transition in the United States.
DURHAM, N.C., Oct. 17, 2019 /PRNewswire/ -- Leyline Renewable Capital, a provider of development financing across several renewable energy sectors, announced a $150 million investment by Newlight Partners LP. This investment will enable Leyline to identify and provide development-stage debt and equity to support renewable energy projects throughout the United States. To date, the Leyline team has developed, financed and/or constructed more than $2 billion in 170+ projects totaling 1GW+ electricity - which equates to 140,000 metric tons in greenhouse gas reductions.