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Newlight Partners invests $150M in renewable energy financer

Private equity firm Newlight Partners LP invested $150 million in Leyline Renewable Energy LLC.

The investment will enable Leyline to provide developers with debt and equity financing for early-stage clean energy projects in the U.S.

Leyline develops, finances and builds renewable energy projects that prioritize efficient project development, risk reduction and increasing investor returns.

Newlight collaborates with management teams and strategic investors to build businesses in the financial services, telecommunications, power and renewable energy, healthcare services, and business services sectors in North America.