Leyline Renewable Capital Secures $140 Million in Follow-On Funding from Keystone National Group and Public University Foundation
Summary
Leyline will use the new capital to expand its support of an actionable pipeline of renewable energy projects, sourced from the companys select network of experienced developers in North America.Since inception, Leyline has deployed more than $340 million in financing solutions to advance more than 15 GW of renewable energy projects. This latest funding will catalyze Leylines growth strategy focused on providing private lending opportunities for developers at a speed and scale generally unavailable through traditional channels.John Earl, Co-Founder and Managing Partner of Keystone, commented, "We are proud to be increasing our funding to Leyline. "Made up of former developers, Leyline navigates policy and market nuances to support the best infrastructure projects and maximize returns for its investment partners.Erik Lensch, CEO of Leyline, said, "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. With deep industry expertise and a commitment to sustainability, Leyline predominantly invests in the pre-construction phase of projects, helping developers scale their operations efficiently and bring more renewable energy online.