HomeInvestment & Trading ›Leyline Renewable Capital Grants Loan RAI Energy to Develop Renewable Power Project

Leyline Renewable Capital Grants Loan RAI Energy to Develop Renewable Power Project

With the assistance of Leyline Development Capital, RAI is furthering various huge utility-scale solar and solar-plus-storage projects in the Western Energy Coordinating Council (WECC) market over the subsequent four years.

June 28, 2023. By EI News Network

Leyline Renewable Capital declared a project development loan for renewable energy developer RAI Energy.

With the assistance of Leyline Development Capital, RAI is furthering various huge utility-scale solar and solar-plus-storage projects in the Western Energy Coordinating Council (WECC) market over the subsequent four years.

Mohammed S. Alrai, Founder and CEO of RAI Energy, added, "We're thrilled to enter into this agreement with Leyline as a partner to accelerate our growth".

He further said, "Their invaluable experience navigating the highs and lows of development, extensive industry knowledge, and adaptable financing approach make them an outstanding financial partner as we expand our project portfolio. This financing will not only enable us to achieve our company's vision, but also allow us to grow our team further."

Leyline Renewable Capital invests in the development of utility scale renewable energy projects. Supported by a team of investors with deep experience in the renewable industry, Leyline provides financing that supports initial-stage development through construction.

RAI was incorporated by renewable energy expert Mohammed S. Alrai in the year 2016.

The company is a Western US-focused renewable power development firm with a proven track record of evolving over 750 MW of utility-scale and distributed generation solar and energy storage, comprising various projects of hybrid solar and BESS plants.
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