Hugo Spowers

Renewable Energy Startup Accelergen Energy Emerges from Stealth Mode and Announces $30 Million in Financing

Retrieved on: 
Wednesday, May 17, 2023

Accelergen Energy, LLC ("Accelergen") a greenfield energy developer of utility-scale solar, solar plus storage and standalone storage projects, today announced its launch out of stealth mode with the close of $30 million in growth capital from Leyline Renewable Capital ("Leyline").

Key Points: 
  • Accelergen Energy, LLC ("Accelergen") a greenfield energy developer of utility-scale solar, solar plus storage and standalone storage projects, today announced its launch out of stealth mode with the close of $30 million in growth capital from Leyline Renewable Capital ("Leyline").
  • The $30 million in growth capital from Leyline will be utilized to develop a multi-gigawatt pipeline of high quality solar and storage projects.
  • Accelergen’s senior management and technical teams bring decades of experience in renewable energy.
  • "We look forward to working with Leyline and appreciate their expertise in helping companies in renewable energy drive ventures to profitability.