Leyline Renewable Capital, a provider of pre-construction capital for renewable energy development, has entered into a financing arrangement with Core Solar, a developer of utility-scale, de-risked solar energy projects.
Under the terms of the deal, Leyline will provide development-stage capital to support development of 600 megawatts of utility-scale solar projects, representing a portion of Core Solar's pipeline across the United States.
“Projects like these are the backbone of the next-generation clean energy economy and experienced, proven developers like Core Solar can effectively put our capital to work,” said Erik Lensch, CEO of Leyline Renewable Capital. “This investment will enable Core Solar to accelerate its already extensive development pipeline and ensure that these critical projects have the resources they need to move quickly to construction.”
Leyline Renewable Capital works closely with developers throughout the renewable energy sector to
