LydiaN Energy is the new kid on the block. The recently launched independent energy producer specializes in the development, construction and operation of large-scale solar and battery energy storage projects in North America.
Backed by the capital and deep experience of Excelsior Energy CapitalLydian is poised to deliver 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 geographic and energy markets for a wide range of commercial, industrial and utility customers. Currently, the company owns nine projects representing 1.75 GW of solar and battery storage capacity in Texas and New Mexico.
“We are excited to announce the official launch of Lydian Energy as we embark on our mission of ‘Connecting People + Power’ through impactful sustainable energy projects,” said Emre Ersenkal, CEO of Lydian Energy. “As highly credible partners and committed neighbors, our goal is to create meaningful economic and environmental opportunities by developing and operating renewable energy resources that meet the needs of all stakeholders – landowners, communities, utilities, customers and investors.”
Based in Excelsior, Minnesota, Lydian consists of an experienced team of developers, builders and operators with more than 100 years of combined experience in renewable energy. The team’s expertise in identifying opportunities and driving operational success across the sector will be fundamental to its work in developing high-quality mid- to late-stage renewables.
“We are proud of and trust the team that has been built at Lydian, led by Emre,” said Anne Marie Denman, co-founder and partner at Excelsior and chairman of the board of directors at Lydian Energy. “The Excelsior team will work closely with the Lydian team to drive value creation, choosing a portfolio business model that relies on Lydian’s leadership and execution team while integrating the knowledge and perspective of the Excelsior team.”
The company expects significant growth in the coming year and plans to add staff across asset development, construction, M&A and finance functions as it continues to develop projects within its pipeline.
“We have the financing, pipeline and expertise to adapt, act quickly and identify efficiencies, while remaining systematic in our approach and steadfast in our operations,” said Ersenkal. “We are confident that these features will serve us well as we pursue our growth objectives.”
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