Linea Energy has secured a substantial investment from EnCap Investments through its Energy Transition Fund, to support its renewable energy initiatives.
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 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), PJM (Pennsylvania-New Jersey-Maryland Interconnection), and ERCOT (Electric Reliability Council of Texas).