Linea Energy secures capital commitment from EnCap Investments
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).
Country updates
-
-
January 27, 2023
Duke Energy commissions 120 MW solar PV project in Idaho
Duke Energy has commissioned the 120 MW Jackpot solar photovoltaic (PV) project, which is the largest solar power plant in Idaho, USA. Under the terms of a 20-year power purchase agreement, the PV fa...
Read more -
January 26, 2023
Nikola Corp, Fortescue sign MOU to co-develop large-scale US green hydrogen production projects
Nikola Corporation and Fortescue Future Industries (FFI) have signed a memorandum of understanding (MOU) to explore the co-development of large-scale US green hydrogen generation projects and collabor...
Read more -
January 26, 2023
Peregrine Energy to develop 490 MW battery energy storage systems (BESS) project in Texas
Peregrine Energy Solutions LLC has announced that it will build two battery energy storage systems (BESS) projects in Texas, USA, totaling 490 MW of renewable energy capacity. The systems were ac...
Read more -
January 25, 2023
US to add 63 GW of solar capacity by end 2024
The US government plans to add another 63 GW of solar capacity by the end of 2024. The Energy Information Administration (EIA) expects solar and wind power to account for 16% of electricity gen...
Read more -
January 25, 2023
Camber Energy signs agreement to acquire renewable diesel facility in Nevada
Camber Energy has entered into a Membership Interest Purchase Agreement to acquire a 100% interest in companies that own and are in the process of bringing into commercial operations a processing plan...
Read more
