Renewa Closes $502 Million in Financing to Expand Clean Energy Land Investments

Renewa has secured $502 million in financing from a consortium of institutional investors to support the expansion of clean energy land investments across the United States.

Orrick represented Renewa.

THE COMPANY

Renewa is a renewable energy land financing company backed by institutional investors QIC and La Caisse. The company provides capital solutions to landowners and energy developers by acquiring leasehold interests, land, rental income and royalties.

THE IMPACT

The financing enables Renewa to expand its portfolio of land and lease receivables supporting energy development nationwide. This long-term capital enhances Renewa's capacity to offer flexible funding to landowners and helps address the nation's increasing energy demands. Following this transaction, Renewa's total capital commitments now surpass $1.25 billion.

THE TEAM

Orrick's Jonathan Ayre, Alex Radisich and Gaelyn Sharp lead the team that advises Renewa. The team also includes Margo Schwartz, Preetha Gist and Darrell Thomas.

LEARN MORE

• Renewa's news announcement
• Read More Orrick Client Results