For years, Leyline Renewable Capital has been a key investor and lender in the renewable energy market, with a focus on providing development-stage capital for large projects. However, like many investors, the company has only recently begun to explore investing in battery storage projects.
But thanks to a landmark USD 2bn deal with battery storage developer Momentum Energy Storage Partners, the first of its kind in Leyline's history as a capital provider, the company is poised to potentially shift the conversation surrounding investment in the storage market. The deal is expected to result in the buildout of 2 GW of standalone storage and solar+storage projects, which will add significantly to the total capacity of battery storage across the U.S.
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