In a decisive move to supercharge the clean energy transition, Canadian investment powerhouse La Caisse has committed $200 million in primary equity to Renewa, a QIC Infrastructure-backed platform that finances renewable projects by acquiring or leasing land underneath them. The investment, announced Tuesday, marks a critical endorsement of land-as-infrastructure strategies aimed at unlocking gigawatts of green energy across the U.S.
This latest injection of capital pushes Renewa’s total financial backing past $750 million since its 2022 launch. The equity and debt raise—structured with guidance from Orrick Herrington & Sutcliffe LLP—fortifies Renewa’s position as a land market leader in the renewable sector. La Caisse was represented by Eversheds Sutherland and Hogan Lovells, though further legal details remain under wraps.
Renewa’s Land-First Strategy Attracts Global Backing
“Access to land is the hidden gatekeeper of the clean energy revolution,” said Renewa co-CEOs Stephen Lee and Gage Mooring. “With QIC and La Caisse, we’ve secured two backers who understand that progress in renewables hinges as much on real estate as on technology.”
Renewa operates behind the scenes of the clean power boom, either owning or leasing land beneath 140+ renewable energy projects across 30 states. These sites collectively support approximately 26 gigawatts of capacity—roughly equal to powering 5 million homes.
Headquartered in Houston, Renewa has evolved into one of the largest independent landholders under renewable infrastructure in North America, enabling developers to scale solar and wind energy more efficiently.
