US based Lydian Energy has secured $689 million in full-stack financing for three projects: AC Ranch 1, Yellow Viking and Faraday BESS Phase 1. The financing was led by CIBC and MUFG and includes a Construction-to-Term Loan, Tax Credit Bridge Loan, Co-Investment Bridge Loan, and a Letter of Credit Facility. AC Ranch 1 is a 75 MW (AC) / 100 MW (DC) solar PV project in New Mexico with a busbar PPA and an investment-grade off taker. Yellow Viking is a 170 MW (AC) / 210 MW (DC) solar PV project in Texas with 100 MW contracted under a PPA. Faraday BESS Phase 1 is a 150 MW / 733 MWh battery energy storage system project in Utah backed by a long-term PPA. Excelsior Energy Capital backs Lydian Energy and supported the financing alongside participating lenders. Lydian’s portfolio currently includes 18 solar and storage projects totaling 4.4 GW of capacity.