
Infrastructure Capital Platform
A scalable platform acquiring, financing, and deploying utility-scale battery energy storage systems across ERCOT. Polaris is a long-term owner and operator of utility-scale battery energy storage assets, structured for institutional capital.
Anchor Capital
$405MM
Tax Equity / ITC
$1.505B
Senior Debt
$790MM
Project Scale
$3.16B
Competitive Advantage
Disciplined acquisition, milestone-based control, and selective deployment of capital create the highest risk-adjusted returns in storage.
Projects acquired only after key development milestones — interconnection, permitting, and site control — are substantially achieved.
Capital deployed after major development questions are answered, reducing execution risk and improving financing certainty.
Disciplined risk capital controls a much larger infrastructure portfolio without relying on conventional equity-heavy models.
Energy-only market structure directly rewards flexibility, with rapid demand growth from data centers and electrification.
Transaction
Polaris deploys anchor capital to acquire and advance projects through NTP, then capitalizes with structured financing.
Platform Objective
Acquire, advance, and finance late-stage ERCOT battery storage projects through NTP and construction start.
Capital Sought
$405MM of anchor capital to unlock $3.16B of total project capitalization.
Funding Mix
Anchor capital, tax equity / ITC monetization, senior project debt, and vendor participation.
Value Proposition
Enter at the right stage, reduce early development risk, and scale a repeatable institutional platform.
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