Leyline Renewable Capital to Finance Development of Major Anaerobic Digestion Facilities in Philadelphia, PA and Linden, NJ
Leyline Renewable Capital announced today that it has entered into an agreement with RNG Energy Solutions to provide bridge funding for the development of two major anaerobic digestion facilities located in Philadelphia, Pennsylvania and Linden, New Jersey. Leyline Renewable Capital works with developers like RNG Energy Solutions to provide capital for the pre-construction phase of renewable energy projects, including permitting, engineering, site analysis and securing interconnection agreements.
"Leyline Renewable Capital has demonstrated a unique understanding of the anaerobic digestion space and the specific challenges that come with renewable energy development," said James Potter, president of RNG Energy Solutions. "RNG brings 30 years of experience to the table and we strongly value a financing partner that shares our deep understanding of the renewable energy industry and the capital needs of developers. With Leyline Renewable Capital, we have found that ideal combination and are confident that these two facilities represent the first of many opportunities to work together."
By Morningstar