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$1,000,000,000$126,500,000/EBITDA
Energy storage for sale

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
$35,800,000$23,000,000/EBITDA
Storage systems for a sale

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
$25,000,000TBD/EBITDA
Turnkey Data Centerfor sale

The project has achieved Ready-to-Build (RTB) status, de-risking the development phase and securing all primary structural entitlements. The asset is currently non-operational and remains in pre-construction posture pending fina ...

$25,000,000TBD/EBITDA
TBD
property

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

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

EBITDA

$23,000,000

Gross

$32,400,000

Price

$35,800,000
property

30 MW Premier AI HPC & Data Center Campus RTB

EBITDA

TBD

Gross

TBD

Price

$25,000,000

Businesses for sale in Texas

Texas, the second-largest state in the United States, embodies a unique blend of rich history, diverse cultures, and expansive landscapes. Renowned for its cowboy mystique, Texas boasts iconic symbols like the Lone Star and sprawling ranches. The state's cities, including Houston, Dallas, and Austin, pulse with vibrant arts scenes, cutting-edge technology, and a flourishing culinary culture. Beyond urban hubs, Texas offers diverse natural wonders, from the Gulf Coast's pristine beaches to the rugged beauty of Big Bend National Park. With a proud heritage, Texan hospitality, and a fervent spirit, the Lone Star State stands as a symbol of independence and resilience.

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 ERCOT load zones in Texas.

The portfolio comprises 925.7 MW of BESS power rating, 1,851.3 MWh (~1.85 GWh) of standardized 2-hour duration energy storage, and 324.0 MW of co-located solar PV generation. Targeted for Commercial Operation Dates (COD) across 2027–2028, the assets deliver direct exposure to energy arbitrage and grid ancillary services in ERCOT, with estimated cumulative pre-tax cash flows exceeding US$1.0 Billion.

2. Portfolio Overview (Locations 1 to 7)

Project Identifier ERCOT Zone BESS Rating (MW) Storage Capacity (MWh) Solar PV (MW) Tax Credit Status (IRA) Target COD
Location 1 (Flagship) North Central 141.4 282.8 30% ITC + 10% EC Bonus (40% Total) Q2 2027
Location 2 West 113.4 226.8 30% ITC + 10% EC Bonus (40% Total) 2027–2028
Location 3 East 157.1 314.2 30% ITC + 10% EC Bonus (40% Total) 2027–2028
Location 4 North 190.0 380.0 30% ITC + 10% EC Bonus (40% Total) 2027–2028
Location 5 South Central 82.0 164.0 84.0 30% ITC + 10% EC Bonus (40% Total) 2027–2028
Location 6 North Central 51.7 103.5 50.0 30% ITC + 10% EC Bonus (40% Total) 2027–2028
Location 7 South 190.0 380.0 190.0 30% Statutory Baseline ITC 2027–2028
Total Portfolio ERCOT-Wide ~925.7 MW ~1,851.3 MWh 324.0 MW 6 of 7 Qualify for 40% ITC 2027–2028

3. Investment Highlights

  • Advanced Development Status: Long-term land control secured across all assets with average lease terms exceeding 30 years. Environmental studies (Phase I ESA, hydrology, wetlands) and third-party engineering completed. Interconnection studies are advancing in the ERCOT queue, with the flagship asset (Location 1) having already executed its interconnection agreement (SGIA).
  • Significant Tax Incentives (IRA): All projects qualify for the statutory 30% Investment Tax Credit (ITC). Six of the seven projects qualify for an additional 10% Energy Community bonus adder, reaching a 40% total ITC basis that substantially reduces sponsor net equity requirements.
  • Strategic ERCOT Positioning: Assets are sited at projected transmission bottlenecks and high-growth demand centers across North, North Central, West, East, and South Texas, capturing price spreads and volatility.
  • Diversified Commercial Stack: Revenues are balanced across Real-Time Market Arbitrage (46%), Day-Ahead Market Arbitrage (20%), Frequency Regulation Up (14%), Frequency Regulation Down (14%), and other ancillary services (12%).
  • Turnkey Developer Continuity: The existing developer is available to support project delivery, remaining permitting, and EPC execution through commercial operation.

4. Financial Forecast: 3-Scenario Analysis

Financial Metric Downside (Bear Case) Base Case (Underwriting) Upside (Bull Case)
BESS Revenue Stack $105 / kW-year $140 / kW-year $175 / kW-year
Solar PV Capture Price $26.00 / MWh $34.00 / MWh $42.00 / MWh
Total Portfolio CapEx to COD $738.0M $738.0M $715.0M
Tax Equity Financing (ITC) $195.0M $262.5M $326.5M
Senior Project Debt Facility $380.0M $415.0M $435.0M
Sponsor Net Equity Required $163.0M $60.5M $35.0M
Average Annual EBITDA (Yr 1–5) $89.2M $126.5M $163.8M
10-Year Pre-Tax Cash Flow $845.0M $1,265.0M $1,680.0M
Average Portfolio DSCR 1.26x 1.48x 1.84x
Unlevered Project IRR (25-Yr) 8.2% 11.6% 15.4%
Levered Equity IRR (Hold 25-Yr) 11.4% 17.6% 25.2%
Levered Equity IRR (Exit at COD+7) 12.9% 19.8% 28.1%
Equity Multiple (MoIC at COD+7) 1.72x 2.48x 3.42x

5. 10-Year Annual Cash Flow Forecast (Base Case)

Year Revenue OpEx EBITDA Senior Debt FCFE Cumulative Pre-Tax Cash Flow
2027 (COD)
$134.5M
($24.8M)
$109.7M
($38.6M)
$63.1M
$109.7M
2028
$154.5M
($28.0M)
$126.5M
($38.6M)
$79.9M
$236.2M
2029
$157.6M
($28.6M)
$129.0M
($38.6M)
$82.4M
$365.2M
2030
$160.7M
($29.1M)
$131.6M
($38.6M)
$85.0M
$496.8M
2032
$167.2M
($30.3M)
$136.9M
($38.6M)
$92.8M
$767.9M
2034
$174.0M
($31.5M)
$142.5M
($38.6M)
$99.4M
$1,040.5M
2036
$181.0M
($32.8M)
$148.2M
($38.6M)
$105.1M
$1,334.0M

Informational & Preliminary Nature Only This summary is provided for informational and preliminary evaluation purposes only and does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation to enter into any transaction or purchase any securities, real property, or assets. Any transaction will be subject to the negotiation and execution of definitive, legally binding documentation.

Forward-Looking Statements & Projections

Any financial projections, estimates, benchmarks, revenue ranges, or EBITDA forecasts contained herein are forward-looking statements based on current industry assumptions, market conditions, and hypothetical operating models. These statements involve substantial risks, uncertainties, and assumptions, including but not limited to:

  • Fluctuations in local and national power markets, regulatory tariffs, and utility interconnection rules.

  • Variations in construction timelines, supply chain availability, and capital expenditure costs for modular, powered-shell, or turnkey builds.

  • Shifting demand, pricing dynamics, and vacancy rates in the data center, AI/HPC, and cloud infrastructure sectors.

  • Macroeconomic factors, including interest rates, tax laws, and general financing market conditions.

Actual operational and financial results may differ materially from those expressed or implied in these projections. Past performance and illustrative scenarios are not guarantees of future performance.

Independent Due Diligence & Verification Neither the seller, broker, advisors, nor their respective affiliates, officers, or representatives make any express or implied representation or warranty regarding the accuracy, completeness, or reliability of the information provided herein (including utility availability, zoning, environmental conditions, site acreage, or equipment specifications).

Prospective purchasers, investors, and developers are solely responsible for conducting their own independent technical, legal, engineering, financial, environmental, and tax due diligence. Recipients are strongly advised to consult with their own professional legal, financial, and technical advisors before committing capital or executing binding agreements.

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