50 MW
Power
Overview / Worked example
Illustrative — synthetic asset, dummied figures
One asset, end-to-end.
Follow a single Italian battery through the whole platform — the grid node it scores against, its fair value to four stakeholders, and its regulatory disclosures, at both asset and portfolio level. The asset is invented; the methodology is the real one.
Leg 01 — The node & the score
We score the substation, not just the site.
Value flows through the connection point. The SSI Index scores the grid node — CP Salento — for systemic stress across seven axes. Salento BESS lowers that stress: the node is less congested, more resilient, and better able to deliver value after the battery is in place.
0.31 → 0.19
Grid-node stress · before → after BESS
34th
Percentile of Italian nodes (pre-BESS)
Continuity−38%
Voltage−42%
Infrastructure−35%
Economic−12%
Saturation−28%
Transition−15%
Resilience−31%
Leg 02 — The value, to four stakeholders
What the asset can flow — priced four ways.
A €32M battery, valued to IFRS 13 / ASC 820 / IPEV Level-3. The private return is real — but most of the 30-year value the node unlocks accrues to the grid and the community. That split is the point: the substation is where societal value is created, and we price it.
9.0%
Project IRR
11.5%
Equity IRR
~€14M
Owner NPV
~€71/MWh
LCOS
~€14M
Owner
Project-equity NPV — the asset on its own economics.
~€18M
Investor
Fund / LP levered view, with portfolio diversification.
~€43M
Community
Local welfare unlocked — reliability, air quality, access.
~€83M
Grid
DSO + TSO value — congestion relief, flexibility, ancillary.
What moves the value (drivers shown, parameters gated)
Arbitrage — energy time-shiftAncillary — FCR/aFRR/mFRRCapacity — MACSEOther 5%
Leg 03 — The disclosure
Every figure, mapped to the regulation.
The same asset, disclosed against the frameworks an LP and an auditor will ask for — computed from curated public data, each number traceable to its source.
EU Taxonomy
Activity 4.10 — aligned
Electricity storage. Substantial contribution to climate mitigation; DNSH 6/6 pass.
100% aligned
CSRD / ESRS
Scope 3 lifecycle
Embodied carbon per EU Battery Regulation 2023/1542 (LFP factor), across the 30-year life.
~17 ktCO₂e
SFDR
Principal adverse impacts
Asset-level PAI indicators disclosed for the fund's Article 8 reporting.
PAIs disclosed
AIFMD II
Risk & liquidity framing
Asset feeds the fund-level risk-management and liquidity stress framework.
Fund-ready
And at portfolio scale
Salento Fund I — six batteries, three zones.
The same cascade rolls up: six BESS, ~300 MW / 1.2 GWh across SUD, CSUD and NORD. Diversification across nodes lifts the portfolio's grid and community value above the sum of the parts.
~€90M
Portfolio owner NPV
~11%
Weighted equity IRR
100%
EU Taxonomy aligned
3 zones
Geographic diversification
~€0.75bn
Total 30-yr stakeholder value