Linea Energy, an independent renewable energy developer and power producer, has secured a significant capital commitment from EnCap Investments L.P., a provider of growth capital to the independent sector of the U.S. energy industry.
Linea is a newly formed independent power producer modernizing how clean energy is developed and financed to rapidly increase the speed of deployment. Linea’s partnership with EnCap positions the company to execute on its growth strategy of accelerating the decarbonization of the U.S. electricity grid through developing, owning, and operating utility-scale wind, solar, and battery energy storage projects. Linea will build its portfolio through greenfield development and strategic project acquisitions with an initial market focus on MISO (Midcontinent Independent System Operator),…