Lydian Energy Launches with Focus on Developing Transformative Solar and Battery Storage Projects Across North America.
Lydian Energy, an independent power producer specializing in the development, construction, and operation of utility-scale solar and battery energy storage projects across North America, today announced its official launch. Backed by the capital and deep experience of Excelsior Energy Capital, Lydian is poised to drive significant economic and environmental benefits through its distinctive approach to delivering renewable energy at scale.
Lydian’s growing pipeline of strategically located solar and battery storage projects is diversified across geography and power markets for a broad range of commercial, industrial, and utility customers. Currently, the Company owns nine projects representing 1.75 GW of solar and battery storage capacity located in Texas and New Mexico.
Emre Ersenkal, Lydian Energy CEO, said:
We are excited to announce the official launch of Lydian Energy as we embark on our mission of ‘Connecting People + Power’ through impactful renewable energy projects.
“As highly credible partners and engaged neighbors, our aim is to lead meaningful economic and environmental opportunities by developing and operating renewable energy assets that serve the needs of all stakeholders – landowners, communities, utilities, customers, and investors.”
Lydian is comprised of a veteran team of developers, builders, and operators with more than 100 years of combined renewables experience. The team’s expertise in identifying opportunities and driving operational success across the sector will be fundamental to its work developing high-potential mid- to late-stage renewable energy assets.
Anne Marie Denman, Co-Founder and Partner at Excelsior and Chair of Board at Lydian Energy said:
We are proud of and trust the team that has been built at Lydian, under Emre’s leadership.
“The Excelsior team will work closely with the Lydian team to drive value creation, choosing a portfolio company model that relies on and trusts the leadership and execution team at Lydian while integrating the knowledge and perspective of the Excelsior team.”
Ersenkal concluded:
“We have the funding, pipeline, and expertise to adapt, move quickly, and uncover efficiencies, while remaining systematic in our approach and steadfast in our pursuits,”
“We are confident that these characteristics will serve us well as we pursue our growth objectives.”
The Company expects significant growth in the coming year and plans to add personnel across asset development, construction, M&A, and finance functions as it continues to develop projects within its pipeline.
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Lydian Energy Launches with Focus on Developing Transformative Solar and Battery Storage Projects Across North America. source