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-plus projects totaling 1 gigawatt (GW) electricity, which equates to 140,000 metric tons in greenhouse gas reductions.