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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