Solterra Energy has entered into a partnership with renewable investors Leyline Renewable Capital, under which Leyline will provide US$10 million to support up to 1GW of distributed generation (DG) and utility-scale solar projects across the eastern US.
The New York City firm, which specialises in funding solar and anaerobic digesters in the US, said it will use the funding from Newlight Partners, a Soros Fund spin-off, to support projects' pre-construction phase.