Leyline Renewable Capital, a leading provider of debt capital solutions for renewable energy developers, announced that it has secured a total of $140 million in capital from Keystone National Group and a large public university foundation.
Leyline will use the new funding to expand its support of an actionable pipeline of renewable energy projects sourced from the company’s select network of experienced developers in North America.
Since its founding, Leyline has deployed more than $340 million in financing solutions to advance more than 15 GW of renewable energy projects. Leyline’s proven strategy is to fund mid- and late-stage project development portfolios.
This funding supports grid interconnection deposits and equipment down payments. This latest funding will catalyze Leyline’s growth strategy, which is focused on providing private lending opportunities for developers at a speed and scale generally unavailable through traditional channels.
KEY QUOTES:
“We are proud to be increasing our funding to Leyline. The Leyline team has earned the trust of their extensive network of developers and investment partners. The team’s deep understanding of project-level risk enables them to execute deals efficiently and at scale.”
- John Earl, Co-Founder and Managing Partner of Keystone
“Our development partners are accelerating their build plans for 2025 in light of soaring demand for new generation in key markets and increased capital needs, as well as potential policy shifts. This renewed support from Keystone and a large public university foundation enables us to advance the strongest renewable energy projects into construction as soon possible and reflects a major validation of our success in supporting value-aligned projects with strong risk-adjusted returns.”
- Erik Lensch, CEO of Leyline
