BESS Investment & Financing:
Revenue Stacking, Sizing & Bankability

Battery energy storage is rapidly moving from an emerging opportunity to an institutional infrastructure asset class. As deployment accelerates across France and Europe, investors and lenders are looking beyond headline merchant revenues to the fundamentals that determine whether a project is genuinely investable and financeable.

Join Steven Kassab (Founding Partner, Tevali Partners) and Julio Quintela Casal (CEO & Power Market Expert, Forsyt Energy) for a joint session combining power-market analysis and BESS revenue modelling with the financial and contractual perspective of institutional investors and lenders.

The session will examine how the BESS revenue stack is evolving as reserve markets become increasingly competitive and more value shifts towards Day-Ahead, Intraday and balancing markets. It will then connect these market dynamics to project sizing, optimisation strategy, revenue contracting and ultimately debt capacity and equity returns.

Particular attention will be given to the trade-offs between merchant exposure, revenue floors and tolling structures, and to how duration, route-to-market, counterparty quality and downside assumptions influence the bankability of a BESS project.