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Linea Energy (“Linea”), a renewables-focused developer and independent power producer that is sponsored by EnCap Investments L.P. (“EnCap”), joined customers, partners, and community members in celebrating the groundbreaking of Pineview Solar (“Pineview”), a 109MWdc utility-scale solar energy facility in Wilcox County, Georgia.
Pineview will power approximately13,000 homes across the state of Georgia with renewable, locally generated electricity. The project is expected to have a meaningful economic impact on the community, contributing approximately $3 million in local property tax revenues over 20 years. Georgia is a leader in solar energy with approximately 6,000 MW of installed capacity, representing the sixth largest solar fleet in the U.S. In total, solar energy supplies electricity to nearly 720,000 households and has created 5,600 jobs in Georgia.
The energy generated by Pineview will be purchased by the Municipal Electric Authority of Georgia (“MEAG Power”), a leading public power organization that is committed to providing reliable, affordable electricity to 49 communities across the state. Pineview will be the first solar energy facility in MEAG Power’s fleet. The project is being constructed by Discovery Industries.
“Since founding Linea in partnership with EnCap in 2022, we have developed over 6GW of renewable energy projects. Pineview is our first asset to begin construction, marking a significant milestone for the company,” said Cassidy DeLine, Chief Executive Officer of Linea Energy. “We are grateful to the Wilcox County community, MEAG Power, and Discovery Industries for their partnership. We look forward to continuing to invest in local communities in Georgia by developing, constructing, and operating renewable energy projects that meet the state’s energy needs.”
“MEAG Power is thrilled to partner with Linea Energy to add the first solar project to our resource portfolio,” said Jim Fuller, MEAG Power President and Chief Executive Officer. “Pineview will reduce the environmental impact of our electricity supply. Non-emitting, renewable energy resources such as Pineview are a vital component of our balanced generation portfolio, enabling us to provide reliable, affordable, and clean energy to our participant communities throughout Georgia.”
In addition to Pineview’s contributions to the local economy, Linea launched a scholarship to invest in the education of local high school students. “The scholarship is a way for Linea to develop the future leaders of Georgia and encourage the next generation to participate in its energy future,” said Ms. DeLine.
About Linea Energy
Linea Energy is a leading independent power producer focused on the development, ownership, and operation of clean energy infrastructure. Headquartered in San Francisco, California, Linea is committed to driving the energy transition through the efficient development of a diverse portfolio of wind, solar, and battery energy storage projects. In partnership with EnCap Energy Transition Fund II, Linea is dedicated to creating sustainable energy solutions that support a low-carbon future. Linea is focused on re-envisioning existing development strategies and creating unique processes to build more, faster. For more information, visit www.lineaenergy.com.
About EnCap Investments
Since 1988, EnCap Investments has been a leading provider of growth capital to the independent sector of the U.S. energy industry. The firm has raised 25 institutional investment funds totaling approximately $42 billion and currently manages capital on behalf of more than 350 U.S. and international investors. Founded in 2019, the EnCap Energy Transition platform is led by four Managing Partners, each with 30-35 years of experience in the development and operations of renewable energy and other power generation assets. For more information, please visit www.encapinvestments.com.
