Battery Storage Portfolio — 200 MWh
EnergyOpenOPP-000026

Battery Storage Portfolio — 200 MWh

Austin, Texas, United StatesBorealis RenewablesBorealis Renewables
Capital Required
$84M project
Target Return
16% equity IRR
Minimum Investment
$500,000
View Company

Investment Snapshot

Capital Required
$84M project
Minimum Investment
$500,000
Equity Offered
Equity tranche
Target Return
16% IRR · 1.9x MOIC · 10-year hold
Industry
Energy Storage
Country
United States
Investment Type
Financing Needed
Current Stage
Pre-construction
Timeline
10-month build · 10-year tolling
Gallery · 5 photos

Property & renderings

1 / 5
Overview

Executive Summary

Project finance opportunity for a 200 MWh battery storage portfolio across three ERCOT sites. Hybrid merchant + tolling revenue structure.

Three adjacent sites totaling 200 MWh of 4-hour duration battery storage with interconnection awarded in ERCOT.

Revenue is structured as 65% tolling (10-year tolling agreement with a utility-affiliated counterparty) and 35% merchant.

Equity tranche of $24M targets a 16% IRR with quarterly distributions beginning month 6.

Investment Highlights
  • 16% equity IRR target return
  • Equity tranche equity offered
  • $500,000 minimum investment
  • Pre-construction stage
  • Financing Needed
  • Austin, United States
Risk Factors & Disclosures
  • Capital at risk — projected returns are not guaranteed.
  • Subject to completion of due diligence and definitive documentation.
  • Market, execution, and liquidity risk apply to all positions.
  • Detailed materials are released after an NDA is countersigned.
Lifecycle

Investment Timeline

  1. Sourcing & Diligence
    Complete
  2. Funding
    Complete
  3. Construction
    Current
  4. Completion
  5. Exit
Current stage
Pre-construction
Timeline
10-month build · 10-year tolling
Next milestone
Completion
Sponsor

The institution behind this deal

BR

Borealis Renewables

Verified
Energy Storage

Battery storage and hybrid renewables developer across the Americas and Europe.

Active Opportunities
2
Capital Raising
$176M
Headquarters
Toronto, Canada
Founded
2018
9 opportunities closed to dateView Company
Data Room

Documents available

Data Room Available

0 documents · 0 public · 0 private

Public documents are available below. Private documents — pitch deck, financial model, contracts — unlock after Borealis Renewables approves your access request.

No documents have been uploaded to this data room yet.
Location

Where this opportunity sits

Austin, Texas, United States
In United States
28
Raising
$1.2B
Sponsors
19
Nearby opportunities
Explore on the map
North AmericaSouth AmericaEuropeAfricaMiddle EastAsia
United States
Marketplace Activity
Credibility

Institutional trust signals

Verified Sponsor
Sponsor on record
Verified Company
Borealis Renewables · Verified
Documents Available
3 documents in the data room
Capital Raising
$176M in active raises
Active Sponsor
2 live opportunities
Marketplace Activity
Listed May 2026
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