Leyline Renewable Capital, a provider of debt capital solutions for renewable energy developers, secured a total of $140 million in capital from Keystone National Group and a public university foundation. Leyline will use the new capital to expand its support of an actionable pipeline of renewable energy projects, sourced from the company’s select network of developers in North America.
“We are proud to be increasing our funding to Leyline,” John Earl, co-founder and managing partner of Keystone, said. “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.”
“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,” Erik Lensch, CEO of Leyline, said. “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.”
