DURHAM, N.C., June 12, 2025 – Leyline Renewable Capital (Leyline), a leading provider of debt capital solutions for renewable energy developers, today announced it has upsized a loan facility to Grid Connected Infrastructure (GCI), an Ithaca-based utility-scale battery storage developer. The upsizing supports the near-term development of GCI’s energy storage assets.
Leyline provided initial growth funding for the GCI in 2022. GCI has since advanced more than 1.7GW reliable energy storage assets in NYISO, SPP, ERCOT and MISO and a key set of projects are anticipated to start construction this year.
"The commercial demand we are seeing for reliable energy storage projects has never been greater, and we’re pleased to continue our support of GCI as they bring a near-term portfolio to construction this year," said Erik Lensch, Chief Executive Officer at Leyline Renewable Capital. "We are committed to supporting our existing developers and projects with patient capital to ensure the best projects are available to meet surging energy demand."
About Leyline Renewable Capital
Leyline Renewable Capital provides flexible financing solutions for renewable energy developers. With deep industry expertise and a commitment to sustainability, Leyline invests in the pre-construction phase of projects, helping developers scale their operations and bring more renewable energy online. For more information, please visit: https://www.leylinecapital.com/.
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Erik: Today we’re announcing an credit facility upsizing for Grid Connected Infrastructure.
We founded Leyline to be a patient source of capital to support developers and their projects. We are actively supporting our robust network of developers and key projects through this time of uncertainty.
Leyline: News today - We’ve upsized our credit facility with @Grid Connected Infrastructure, showing our commitment to supporting our developers and their projects during this time of uncertainty in the market.
A key set of GCI’s energy storage assets are set to NTP this year and the Ithaca-based energy storage developer is advancing more than 1.7GW of energy storage projects across NYISO, SPP, ERCOT, and MISO.