June 2021
Over the past few months, Leyline has been building out our team with some noteworthy additions. In June, we extended a warm welcome to our new CFO, Jay Modi, who adds to the abundant financial expertise of the team that drives the success of Leyline.

In June, our CEO Erik Lensch was selected to serve as a member of the Energy Storage Association Finance Advisory Council to provide financial guidance related to energy storage technology and projects. As Leyline continues to heighten its focus and expertise on energy storage, the need for an energy storage investment tax credit (ITC) is becoming paramount in reaching President Biden’s climate goal of reducing greenhouse gas emissions by 50 percent from 2005 levels by 2030. Take a look at our full thoughts on the energy storage ITC.

As cities across the country are looking to cut transportation emissions, the transition from diesel to electric buses is on the rise. Despite the lower operating costs and reduced emissions from electric buses, higher upfront costs hinder the transition. We had a conversation with the managing director of Highland Electric Transportation, Matt Stanberry, to discuss its turnkey solutions to overcome these upfront costs and expand electric school bus fleets. Click here to read more.

This month, we announced our $10 million construction capital investment to enable SaveSolar to provide affordable energy to residential, low-income, and community subscribers in Washington, D.C.—a project that will offset the carbon emissions of more than 8,000 pounds of coal. The solar industry has seen record-breaking growth across the country this year, and we are proud to contribute through our capital investments and strategic guidance. Click here to learn more about what’s to come with our SaveSolar partnership.

We look forward to what the rest of the summer brings and as always, we will continue providing flexible finance solutions to propel game-changing renewable energy projects. Start a conversation today: devcap@leylinerenewablecapital.com.

We had the pleasure of interviewing the founder of eDGe Renewable Partners, Bahaa Samy, to learn how it empowers small businesses with the capital, financial strategies, and know-how to undertake renewable energy projects. Read the full interview here.

Green hydrogen is an emerging technology that has the potential to transform the energy industry - and one that Leyline is continuously investigating as it expands its business portfolio. But how does green technology work? Click here to learn more about green hydrogen and why it could be the next big thing.