July 2021

Leyline Debuts Updated Newsletter, Highlights Partnerships, Announces Award Wins & More

July has been another busy month for Leyline, full of impactful investments, partnerships, and award wins. This month, we’re excited to unveil a fresh new look to our monthly newsletter. Follow along each month for segments on the latest on the future of clean energy, conversations with key industry leaders, relevant financing news, and a glimpse of what’s happening inside Leyline.

FUNDING THE FUTURE

Ductor and Leyline Partnership

Leyline is partnering with Ductor Corporation, a Finnish biotechnology company that provides biogas operators with a new patented technology for their projects. We had an insightful conversation with Bill Parmentier, a project development lead for Ductor, about our collaborative development of a first-of-its-kind poultry waste anaerobic digestion project in Anson, N.C.

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LEARNING FROM CLEAN ENERGY LEADERS

Jigar Shah

Leyline interviewed Jigar Shah, the director of the Loan Programs Office (LPO) at the U.S. Department of Energy. Take a look at the full interview to learn more about LPO’s debt capital provisions for high-impact energy ventures and how it interacts with Leyline’s lending.

Financing News

North Carolina has been an early leader in the clean energy transition, but the recent energy legislation, House Bill 951, does not align with Governor Roy Cooper’s set goals to address climate change. HB 951 leans on building new natural gas plants to replace retiring coal facilities, instead of focusing on the necessary renewable energy investments. Read our full thoughts.

Carbon capture technologies have been around for decades – many have touted them as a key solution in reducing carbon dioxide in the atmosphere, and consequently, mitigating climate change. However, there is as much skepticism as there is interest in carbon capture. Learn more about carbon capture and Leyline’s thoughts on investments in these hotly contested energy projects.

Latest from Leyline

This month, Leyline became a finalist for the Smart Electric Power Alliance’s Diversity, Equity, and Inclusion Power Player of the Year Award. We are proud to be recognized for our efforts to expand diversity and address inequity in the renewable energy industry through the Leyline Addressing Racism Working Group, and we will continue striving to turn our commitments into actions.

Leyline's EVP and CIO, Eric Rubinstein, was named on the Triangle Business Journal's 40 under 40 List as a part of the new generation of rising leaders in the Triangle. Take a look at Eric’s profile here.

Leyline announced a joint venture with Starwood Energy Group to partner with American Power Ventures for the development and finance of two stand-alone battery storage projects in the Virginia PJM territory and Texas ERCOT territory. These battery storage developments will reinforce the intermittency of renewable energy assets and subsequently improve the reliability of the power grids.

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