SAN FRANCISCO–(BUSINESS WIRE)–Linea Energy (“Linea”), an independent renewable energy developer and power producer, today announced that it has secured a significant capital commitment from EnCap Investments, L.P. (“EnCap”), a leading provider of growth capital to the independent sector of the U.S. energy industry. EnCap’s Energy Transition Fund, the renewable energy investment arm of EnCap, is currently making new commitments to management teams from EnCap Energy Transition Fund II.
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…