Debt Structuring for BESS: What a 15-Year Lending View Really Looks Like

How do lenders model degradation, augmentation cost and terminal value over a 15-year horizon? This panel looks at how lenders are updating their models, what new covenants look like, and how the gap between developer and lender assumptions at financial close continues to widen.

• How augmentation and repowering decisions impact refinancing options and lender confidence
• How do lenders model degradation curves and augmentation costs over 15 years?
• How are terminal value assumptions evolving as the market matures?