Buy-side technical advisory and origination support for a 500 MW BESS portfolio

EnerQuantum set out to build a 500 MW BESS position in Spain by acquisition. Storage assets in Iberia are priced off revenue expectations that are still forming, so a bid has to be defended with a technical and market view rather than a comparable. The client needed that view before putting a non-binding offer on the table, and needed a repeatable way to originate further opportunities afterwards.

One Hub Energy worked on the buyer's side of the table. The team supported the buy-side valuation of the 500 MW BESS asset portfolio and the preparation of the non-binding offer, and stayed engaged through the M&A negotiation. In a second, firm mandate, One Hub Energy delivered strategic consultancy for the origination of the 500 MW portfolio, built on a detailed BESS market assessment study for Iberia. From that base, One Hub Energy helped define the client's strategic guidelines and screened and identified M&A opportunities to feed the portfolio. The two strands were run so that the market view informed the valuation position, and the valuation experience fed back into origination criteria.