205 MW / 551.65 MWh DC Utility-Scale Battery Energy Storage System (BESS) - Business for Sale
Request Information
The contact information for this deal is locked. If you wish to unlock this information, you need to upgrade to SMB Deal Hunter Pro.
🔋
Utility-Scale Battery Energy Storage Project in Midland County, TX
TX, US
Added 2 days ago
Utility-Scale Battery Energy Storage System
This listing is for a 205 MW / 551.65 MWh DC utility-scale battery energy storage system project located in Midland County, Texas, featuring Tier-1 U.S.-manufactured LFP battery containers and a 2.7-hour discharge duration.
Key Information
Asking
–
Revenue
$29.8M
Earnings
$26.4M
Multiple
–
Key Highlights
- 205 MW / 551.65 MWh DC utility-scale battery energy storage system located in Midland County, Texas
- System features a 2.7-hour discharge duration on DC nameplate and uses 110 Tier-1 U.S.-manufactured LFP battery containers (5.015 MWh each)
- Total CapEx is $154.6 million ($280 per kWh of DC nameplate); $12.8 million Oncor network upgrade is a separate cost
- Total uses at commercial operation are $197.9 million, funded by $63.3 million senior term debt, $49.4 million ITC bridge, and $85.2 million equity (42.6% / 57.4% debt-to-equity split)
- 40% investment tax credit ($61.8 million gross) monetised via Section 6418 transfer at $0.92 per dollar of credit
Contact Info
Unlock Premium Features
Get everything you need to find, finance, and acquire your business
Personalized Deal Flow
On and off market deals curated to your search criteria.
Unlimited 1:1 M&A Support
Expert advisors to help you spot red flags, negotiate your offer, and hand hold you all the way to close.
Pre-Vetted Deal Team
- * Intros to our preferred lenders
- * Access to our investor community
- * Discounted 3rd party Financial and Legal diligence