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Leyline Renewable Capital Provides Financing To Accelergen Energy To Develop Solar And Storage Pipeline

PRIVATEMay 17, 2023

Round Type

Funding Round

CampbellEnergyReal Estate

Investors

Leyline Growth CapitalLeyline Renewable Capital

Description

Leyline Renewable Capital, a leading provider of early-stage capital for renewable energy developers, today announced $30mm in financing for solar and storage developer Accelergen Energy LLC. With the support of Leyline Growth Capital, Accelergen is planning to develop a multi-gigawatt pipeline of utility-scale solar and storage projects across multiple U.S. markets over the next four years.

Quick answer

RAI Energy raised an undisclosed amount in a Funding Round round, dated May 17, 2023. Investors: Leyline Growth Capital and Leyline Renewable Capital. RAI Energy is based in Campbell, California, United States.

How much did RAI Energy raise?
RAI Energy raised an undisclosed amount in a Funding Round round on May 17, 2023.
Who invested in RAI Energy?
Leyline Growth Capital and Leyline Renewable Capital are named as investors in this round.
What does RAI Energy do?
RAI Energy is a Western US focused renewable energy development company with a proven track record of developing more than 750 MW of utility-scale and distributed generation solar and energy storage, including multiple..
Where is RAI Energy based and how big is it?
RAI Energy is based in Campbell, California, United States.
Who are the decision-makers at RAI Energy?
Fundz holds 1 contact at RAI Energy. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Real Estate around the same time

Companies in the same sectors as RAI Energy that raised within 45 days of this round, from Fundz verified event records.

  • Prengi raised an undisclosed amount (Seed) on April 11, 2023.
  • I-Pulse Inc. raised $79M on June 30, 2023.
  • Inlyte Energy raised $7.9M on June 30, 2023.
  • Avaada Group raised an undisclosed amount (Funding Round) on June 30, 2023.
  • 548 ENERGY SOLUTIONS raised $1.1M (Seed) on June 30, 2023.
  • Permex Petroleum Corporation raised $754K (Seed) on June 30, 2023.

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Company Information

Company

RAI Energy

Location

Campbell, California, United States

About

RAI Energy is a Western US focused renewable energy development company with a proven track record of developing more than 750 MW of utility-scale and distributed generation solar and energy storage, including multiple projects now in operation and a 150MW/600MWh hybrid solar and BESS plant now under construction. RAI Energy is on track to develop a 4-gigawatt (GW) project portfolio, driving decarbonization efforts across the energy sector by 2027. Through continuous innovation and excellence, RAI Energy takes pride in being a nimble provider of reliable, affordable, profitable zero and low-carbon solutions. By serving as a trusted navigator for all smart energy project stakeholders, RAI Energy is enabling customers to become clean energy leaders while providing environmental and economic benefits for local communities—leading the U.S. into a sustainable energy future. www.raienergy.com

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RAI Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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