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  3. Renewable Energy - Solar PV & BESS

Renewable Energy - Solar PV & BESS For Sale

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€8,955,000€16,632,000/EBITDA
Oristano, Italy | Renewable Energy - Solar PV & BESS | L#20261171

199 MW Italian Battery Energy Storage System BESS

A utility-scale Battery Energy Storage System (BESS) development opportunity located in Oristano, Sardinia). The project targets a nominal power capacity of 199 MW on a 7.5-hectare plot situated merely 0.1 km from an existing 220 ...

€8,955,000€16,632,000/EBITDA
€16,632,000
Details
$40,000,000$25,900,000/EBITDA
Bess for sale
Italy | Renewable Energy - Solar PV & BESS | L#20261146

200 MW / 800 MWh Battery Energy Storage System in Italy

A 200 MW / 800 MWh standalone Battery Energy Storage System (BESS) located in Bisaccia, Avellino Province, Campania, Italy. The project is designed as a four-hour lithium-ion BESS and benefits from a confirmed STMG grid-connection ...

$40,000,000$25,900,000/EBITDA
$25,900,000
Details
$18,800,000$12,220,000/EBITDA
Bess for sale
Brescia, Italy | Renewable Energy - Solar PV & BESS | L#20261145

94 MW / 376 MWh Ready-to-Build BESS

A 94 MW / 376 MWh standalone Battery Energy Storage System (BESS) in Brescia, Lombardy, Northern Italy. The project is at an advanced Ready-to-Build (RTB) stage and benefits from a confirmed STMG grid-connection solution with the ...

$18,800,000$12,220,000/EBITDA
$12,220,000
Details
$40,000,000$25,800,000/EBITDA
Bess for sale
Italy | Renewable Energy - Solar PV & BESS | L#20261144

200 MW / 800 MWh Battery Energy Storage System RTB

A 200 MW / 800 MWh standalone Battery Energy Storage System (BESS) in Puglia, Southern Italy. The project is located in the municipality of Torremaggiore, Foggia Province, within a strategic area for utility-scale energy infrastru ...

$40,000,000$25,800,000/EBITDA
$25,800,000
Details
€12,500,000€15,210,000/EBITDA
Storage Development Opportunity
Poland | Renewable Energy - Solar PV & BESS | L#20261139

150 MW Solar PV + 55 MW BESS Development Opportunity

A large-scale utility renewable energy development opportunity in Poland is available for acquisition through an existing project SPV. The project comprises up to 150 MW of solar PV capacity, supported by a proposed 55 MW Battery ...

€12,500,000€15,210,000/EBITDA
€15,210,000
Details
$1,000,000,000$126,500,000/EBITDA
Energy storage for sale
United States | Renewable Energy - Solar PV & BESS | L#20261137

926 MW / 1.85 GWh ERCOT BESS Storage + 324MW PV Solar Portfolio

This transaction provides the opportunity to acquire a 100% equity interest in a diversified portfolio of seven utility-scale battery energy storage system (BESS) and co-located solar PV development projects located across key ERC ...

$1,000,000,000$126,500,000/EBITDA
$126,500,000
Details
$35,800,000$23,000,000/EBITDA
Storage systems for a sale
United States | Renewable Energy - Solar PV & BESS | L#20261136

240 MW PV + 1,179 MWh ERCOT Solar + BESS Portfolio Acquisition

An acquisition opportunity to acquire a 100% equity interest in a high-conviction development portfolio comprising four utility-scale solar photovoltaic (PV) and battery energy storage system (BESS) assets across key load zones ...

$35,800,000$23,000,000/EBITDA
$23,000,000
Details
€150,000,000€157,000,000/EBITDA
Italy | Renewable Energy - Solar PV & BESS | L#20261107

1,000 MW Utility-Scale Battery Storage BESS (RTB)

The 1GW BESS Project in Italy is a pioneering, utility-scale 1,000 MW (1 GW) stand-alone Battery Energy Storage System located in the strategic industrial and energy corridor of Italy. Developed by the project sponsor, this land ...

€150,000,000€157,000,000/EBITDA
€157,000,000
Details
€13,875,000TBD/EBITDA
185 MWac Solar PV + Large-Scale Storage
Romania | Renewable Energy - Solar PV & BESS | L#20260990

185 MW AC Solar Photovoltaic PV + 50MW BESS RTB + PPA

Romania is one of the most important energy export countries of the future in Europe. Romania In western industrialized countries, green electricity and green hydrogen are considered the most important energy sources of the future ...

€13,875,000TBD/EBITDA
TBD
Details
property

199 MW Italian Battery Energy Storage System BESS
Oristano, Italy

EBITDA

€16,632,000

Gross

€16,915,000

Price

€8,955,000
property

200 MW / 800 MWh Battery Energy Storage System in Italy
Italy

EBITDA

$25,900,000

Gross

$29,600,000

Price

$40,000,000
property

94 MW / 376 MWh Ready-to-Build BESS
Brescia, Italy

EBITDA

$12,220,000

Gross

$14,010,000

Price

$18,800,000
property

200 MW / 800 MWh Battery Energy Storage System RTB
Italy

EBITDA

$25,800,000

Gross

$29,400,000

Price

$40,000,000
property

150 MW Solar PV + 55 MW BESS Development Opportunity
Poland

EBITDA

€15,210,000

Gross

€18,310,000

Price

€12,500,000
property

926 MW / 1.85 GWh ERCOT BESS Storage + 324MW PV Solar Portfolio
United States

EBITDA

$126,500,000

Gross

$154,500,000

Price

$1,000,000,000
property

240 MW PV + 1,179 MWh ERCOT Solar + BESS Portfolio Acquisition
United States

EBITDA

$23,000,000

Gross

$32,400,000

Price

$35,800,000
property

1,000 MW Utility-Scale Battery Storage BESS (RTB)
Italy

EBITDA

€157,000,000

Gross

€175,000,000

Price

€150,000,000
property

185 MW AC Solar Photovoltaic PV + 50MW BESS RTB + PPA
Romania

EBITDA

TBD

Gross

TBD

Price

€13,875,000

Renewable Energy - Solar PV & BESS For Sale

A utility-scale Battery Energy Storage System (BESS) development opportunity located in Oristano, Sardinia). The project targets a nominal power capacity of 199 MW on a 7.5-hectare plot situated merely 0.1 km from an existing 220 kV Terna electrical substation. The proposal outlines an acquisition pathway to Ready-to-Build (RTB) status via a 100% SPV share transfer, supported by an accepted grid connection (PTO) and an ongoing Single Authorization (Autorizzazione Unica – AU) permitting process with an estimated 18-month lead time.

Project Overview

  • Total Land Area: 7.5 hectares (ha)
  • Net Usable Area: ~4.9 ha (2.6 ha restricted under high hydraulic hazard Hi4; unusable for BESS containers but compatible for auxiliary layout)
  • Grid Connection: Existing 220 kV Terna Electrical Substation (SSE Fenosu) located approximately 0.1 km away
  • Grid Status: Connection accepted and PTO confirmed; connection fees paid
  • Permitting Status: Single Authorization (Autorizzazione Unica – AU) submission phase
  • Estimated Permitting Timeline: 18 months to achieve Ready-to-Build (RTB) status

Transaction Structure & Acquisition Terms

The transaction is structured as a staged development agreement leading to 100% SPV equity acquisition at the Ready-to-Build (RTB) milestone:
Initial Deposit (Milestone 1): 15% upfront deposit of the total developer fee upon contract signing (€6,750/MW), conferring a commitment on the SPV shares
  • Reimbursements: Buyer reimburses developer costs incurred for the land deposit and the acceptance of the STMG.
  • AU Support & Guarantees: Buyer must provide financial guarantees verifying fund availability for plant construction as required for AU issuance.
  • Final Closing Payment (Milestone 2 – RTB): Acquisition of 100% SPV equity upon AU issuance for the remaining 85% developer fee (€38,250/MW).
  • Excluded Buyer Obligations: Buyer directly covers the remaining purchase cost of the land and the balance of STMG grid connection charges.

Financial Model (Acquisition & Development CapEx Breakdown)

Item Unit Rate Basis / Formula Total Commitment (€) Notes
Developer Success Fee – Deposit (15%) €6,750 / MW
199 MW × 15%
€1,343,250
Payable upon signing contract
Developer Success Fee – RTB (85%) €38,250 / MW
199 MW × 85%
€7,611,750
Payable at AU approval (turnkey transfer)
Total SPV Acquisition Consideration €45,000 / MW 199 MW €8,955,000 Total M&A Developer Fee
Land Purchase Consideration
€100,000 / ha
7.5 ha
 €750,000
Net of initial developer deposit reimbursement
STMG Connection Fee Reimbursement & Final Balance At cost
Pass-through
 To be finalized
Initial STMG acceptance paid; balance due per Terna STMG
Land Deposit Reimbursement At cost
Pass-through
 To be finalized
Developer advance payment to be reimbursed
Total Pre-Construction Capital Outlay (Base) — SPV Equity + Land €9,705,000 Excluding STMG balance and financing fees

4. Key Constraints & Technical Feasibility

  • Hydraulic Hazard (PAI): A 2.6 ha section is classified as Hi4 (high hydraulic risk). The remaining 4.9 ha provides sufficient footprint for the 199 MW containerized BESS installation.
  • High-Voltage Easements: The parcel is traversed by three high-voltage lines due to its immediate adjacency (100 m) to the Terna substation. Ground reservations directly below conductors will serve as access roads, underground routing corridors, and maneuvering areas pursuant to Fire Brigade (VVF) guidelines.
  • Hydraulic Buffers: The Spinarba reclamation canal crosses the land; its regulated buffer falls entirely within the pre-existing Hi4 footprint and creates no incremental restriction.
Line Item Year 1 Year 2 Year 3 Year 4 Year 5 Notes / Drivers
Installed Capacity (MW)
199
199
199
199
199
Full commercial operation
Capacity / Availability Revenue €9.950 €9.950 €9.950 €9.950 €9.950 €50k/MW contracted floor / MACSE-CM
Arbitrage & Balancing Revenue (MSD/MGP) €6.965 €6.825 €6.690 €6.555 €6.425 Net spreads after cycle efficiency & degradation
Total Gross Revenues €16.915 €16.775 €16.640 €16.505 €16.375 Base average ~€85k/MW/year
Fixed & Scheduled O&M (€1.393) (€1.421) (€1.449) (€1.478) (€1.508) Long-Term Service Agreement (LTSA)
Insurance & Asset Management (€696) (€710) (€724) (€739) (€754) Property, liability, SPV compliance
Battery Augmentation & Balance of Plant (€1.194) (€1.218) (€1.242) (€1.267) (€1.292) Reserve provisioning for degradation
Total Operating Expenses (OpEx) (€3.283) (€3.349) (€3.415) (€3.484) (€3.554) Escalated at 2.0% per annum
Project EBITDA €13.632 €13.426 €13.225 €13.021 €12.821 Steady-state operating cash generation
EBITDA Margin (%) 80,6% 80,0% 79,5% 78,9% 78,3% Typical profile for utility-scale BESS

Disclaimer and Legal Notice

Confidentiality & Non-Disclosure
This document, along with any accompanying presentations, financial analyses, appendices, or communications (collectively, the “Information”), is confidential and has been prepared strictly for information and evaluation purposes. The Information is intended solely for the recipient and may not be copied, reproduced, distributed, summarized, or passed on to any other person, in whole or in part, without prior written consent. By accepting this material, the recipient agrees to keep all matters contained herein confidential.
No Offer or Commitment
The Information does not constitute, nor shall it be construed as, an offer to sell, a solicitation of an offer to purchase, or a recommendation to acquire any securities, shares in special purpose vehicles (SPVs), project assets, or financial instruments. Nothing contained herein shall form the basis of, or be relied on in connection with, any contract, binding transaction, or investment commitment. Any binding agreement shall be governed solely by definitive transaction documentation negotiated, agreed, and executed between the relevant parties.
Nature of Financial Projections & Forward-Looking Statements
All pro-forma figures, operational benchmarks, estimates, market revenue forecasts (including capacity remuneration, arbitrage, and ancillary services), operating expense reserves, and internal rate of return (IRR) projections contained herein represent forward-looking statements. These projections are indicative only and are based on subjective assumptions, technical estimates, prevailing regulatory environments, and market market conditions that are inherently uncertain. Actual results, operational performance, and financial returns may differ materially from those expressed or implied due to numerous factors, including but not limited to:
  • Fluctuations in electricity market pricing, day-ahead spreads, and ancillary services remuneration;
  • Changes in national or European energy policies, procurement auctions (e.g., MACSE, Capacity Market), and grid tariff regulations;
  • Permitting delays, environmental conditions, or modifications imposed during the Single Authorization (Autorizzazione Unica – AU) procedure;
  • Variations in construction costs, supply chain delivery schedules, battery cell pricing, and interest/debt financing rates;
  • Physical operational factors such as equipment degradation, grid curtailment, or interconnection modifications by the transmission system operator (Terna).
No Representations or Warranties / Independent Due Diligence
No representation, warranty, or undertaking, express or implied, is made by the developer, its advisors, affiliates, directors, or representatives regarding the accuracy, completeness, or reasonableness of the Information. The recipient must conduct its own independent technical, environmental, legal, financial, and tax due diligence. The recipient is advised to consult its own legal, regulatory, and financial advisors prior to entering into any agreement or incurring any financial obligations.

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