Lydian Energy, a prominent independent power producer, has announced its launch. With robust financial support and extensive expertise from Excelsior Energy Capital, Lydian aims to pioneer renewable energy solutions on a large scale, fostering both economic growth and environmental sustainability across North America.
Lydian has a diverse pipeline of solar and battery storage projects strategically situated across various geographic regions and power markets, catering to a wide array of commercial, industrial, and utility clients. Presently, the company possesses nine projects, totaling 1.75 GW of solar and battery storage capacity, situated in Texas and New Mexico.
Lydian has a seasoned team of developers, builders, and operators boasting over 100 years of collective experience in the renewables sector. Leveraging their expertise, Lydian aims to identify opportunities and achieve operational excellence in the development of promising mid- to late-stage renewable energy projects.
โWe are excited to announce the official launch of Lydian Energy as we embark on our mission of โConnecting People + Powerโ through impactful renewable energy projects,โ said Lydian Energy CEO Emre Ersenkal. โAs 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 โ landowners, communities, utilities, customers, and investors.โ
โWe are proud of and trust the team that has been built at Lydian, under Emreโs leadership,โ Anne Marie Denman, Co-Founder and Partner at Excelsior and Chair of Board at Lydian Energy said. โThe 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.โ
โWe have the funding, pipeline, and expertise to adapt, move quickly, and uncover efficiencies, while remaining systematic in our approach and steadfast in our pursuits,โ Ersenkal concluded. โWe are confident that these characteristics will serve us well as we pursue our growth objectives.โ
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