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FinancingClosedJuly 9, 2025

Pintail BESS (200 MW / 521 MWh, San Patricio County) + Crane BESS (200 MW / 521 MWh, Crane County) + Headcamp BESS (150 MW / 391 MWh, Pecos County) — 550 MW / 1,433 MWh combined

Lydian Energy first institutional debt close for 3 ERCOT BESS projects. ING ($139M for Pintail + Crane); KeyBank ($94M for Headcamp). CATL battery supply. COD expected Q4 2025. Lydian portfolio: 20 solar + storage projects totaling 4.7 GW.

$233M

Deal Value

550MW

Capacity

1,433MWh

Storage

Battery Storage

Technology

TX

Location

Deal Details

Deal Type
Project Finance
Seller / Sponsor
Lydian Energy (backed by Excelsior Energy Capital)
Buyer / Financier
ING Capital LLC, KeyBank
Deal Value
$233M
Stage
Construction
ISO/RTO
ERCOT

Finance Counterparties

Lenders & Capital Providers

constructionDebtArrangers
ING CapitalKeyBank

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