Faraday Energy Storage
Lydian Energy announced $689 million in financing backed by CIBC and MUFG covering the Faraday BESS project plus the AC Ranch 1 and Yellow Viking solar projects.
$689M
Deal Value
150MW
Capacity
BESS
Technology
UT
Location
Deal Details
- Deal Type
- Construction-to-term loan and tax credit bridge
- Seller / Sponsor
- Lydian Energy
- Buyer / Financier
- CIBC
- Deal Value
- $689M
- Stage
- development
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