October 12, 2026

Lydian Energy secures $300 million for battery storage

By:
Dallas Bond

Lydian Energy has closed a $300 million holding company credit facility with Infranity to accelerate utility-scale battery storage and renewable energy projects across its U.S. portfolio.

Building a renewables team? iRecruit’s renewable energy recruiters cover utility-scale solar, wind, BESS, and grid construction hiring.

The financing will fund development, construction, acquisition, and operation of battery storage and solar projects. Its structure allows Lydian to draw on the value of operating and construction-ready assets while keeping ownership of projects that can deliver long-term value.

"Closing this facility is an important milestone for Lydian."

  • Emre Ersenkal, CEO of Lydian Energy

Founded in 2023 and backed by Excelsior Energy Capital, Lydian has assembled approximately 6 gigawatts of projects across the U.S. Its portfolio includes operating assets, construction-ready projects, and projects still in development.

Hiring for a mission-critical build? Get a pre-qualified shortlist.

iRecruit.co specializes in construction recruiting for data center, energy, and advanced-manufacturing projects — project managers, MEP coordinators, commissioning leads, and more. We pre-screen every candidate so only qualified professionals reach your hiring team.

Get Started

Success-based pricing · 90-day replacement credit · No upfront fee on single roles

"The transaction is underpinned by a portfolio of high-quality contracted projects and a strong pipeline of energy infrastructure assets developed and owned by Lydian."

  • Sacha Kamp, Global Head of Debt Investment at Infranity

The credit facility also gives Lydian more flexibility to move projects from development into construction as electricity demand and grid modernization accelerate.

"It gives Lydian efficient, scalable capital to grow its portfolio as demand for reliable, domestically produced power continues to rise."

  • Chris Moakley, Managing Partner at Excelsior Energy Capital and Chair of Lydian Energy

Infranity manages approximately €15 billion in assets for institutional investors. Lydian’s backer, Excelsior Energy Capital, closed its second fund at slightly more than $1 billion in 2025, following a $504 million first flagship fund in 2020.

Akin Gump provided legal counsel to Lydian on the financing, while Eversheds Sutherland represented Infranity.

Read the source

Keywords:
Lydian Energy,Infranity,credit facility,battery energy storage,renewable energy
Free Download

Data Center Construction Labor Trends in 2026

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

More mission critical construction news

Data Center Commissioning Recruitment: Hiring Cx Engineers Fast
October 12, 2026

Data Center Commissioning Recruitment: Hiring Cx Engineers Fast

Hire Cx engineers quickly without cutting technical checks: score candidates by systems, testing leadership, documentation, and safety.
Construction Project Manager Recruiters: Data Center Hiring Guide
October 12, 2026

Construction Project Manager Recruiters: Data Center Hiring Guide

A 5-step hiring checklist for data center construction PMs: role definition, candidate verification, recruiter selection, offers, and first-30-day plan.
AWS plans 36-building data center campus in Pennsylvania
October 12, 2026

AWS plans 36-building data center campus in Pennsylvania

AWS plans a 36-building data centre campus in Pennsylvania powered by a 4.5GW natural gas plant, creating up to 2,000 jobs.
Construction Executive Search Firms: What Data Center GCs Expect
October 12, 2026

Construction Executive Search Firms: What Data Center GCs Expect

How GCs should vet search firms: verify candidate ownership of MEP, commissioning, schedule recovery, reporting, and confidentiality.