esVolta

esVolta

Utility scale BESS installation

Problem

esVolta, a small, lean BESS development team, needed additional capital to grow its pipeline.  Generate Capital wanted to invest in the BESS sector.  esVolta's portfolio included more than 15 assets, all with different models, sharing few consistent standards. 

Constraint

How would Generate Capital get comfortable underwriting a brand new sector?  How would esVolta value the opportunities in its portfolio?  

Solution

Orbis aggregated esVolta's pipeline around development, in-construction, and operational assets.  We rebuilt management's disparate Excel models into a unified business intelligence tool which helped inform Generate Capital's views on valuation.  Both teams were then able to move swiftly to a healthy partnership.