It's like delegating, but you usually get paid back a fixed APR (so it's still different from projects where you can delegate some HP and get back the curation rewards they earn with your HP).
Hive-Engine has an interface to request or fill a HP (or BEE/RC) lease: https://hive-engine.com/lease
RE: SGS Soon Seeking New HIVE Power Leases Paying 13.5% APR