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Raleigh, NC

Developing battery storage projects to support Texas’s power grid.

• Battery Storage Development: Developing 4 to 5 community-scale battery storage projects in Texas.
• Revenue Model: Projects generate revenue through energy arbitrage in ERCOT’s energy-only market.
• Scalable Strategy: Forward delivery agreement allows scaling up to five projects per quarter starting in 2027.
• Experienced Leadership: Leadership team with extensive experience in project development and asset management.
• Infrastructure Enhancement: Projects enhance electrical distribution capacity and support distributed solar generation.

Green Bridge Corporation is developing a series of battery storage projects in Texas to address the challenges of a rapidly growing and volatile power grid. The initiative involves the creation of 4 to 5 community-scale battery storage sites, each with a capacity of approximately 9.9 MW. These systems will operate within ERCOT’s energy-only market, generating revenue through energy arbitrage by purchasing power during low-cost periods and selling it during peak demand. The projects aim to provide flexible capacity to support the grid’s expansion and are backed by a contracted buyer at the Notice to Proceed stage.

The company’s strategy includes a forward delivery agreement, allowing for the potential scaling of up to five projects per quarter starting in 2027. This approach offers clear exit visibility and a repeatable development model. Proceeds from the fundraising will be used for early-stage development activities such as site control, interconnection, engineering, and permitting. Green Bridge Corporation’s leadership team brings extensive experience in project development, financing, and asset management, having advanced portfolios across various states in the US. The projects are designed to enhance the capacity of electrical distribution infrastructure, support distributed solar generation, and provide dispatchable power to undersupplied markets.

Company Info

Texas Battery Storage Portfolio develops battery storage sites in Texas to support the power grid through energy arbitrage.

Texas Battery Storage Portfolio is focused on developing 4 to 5 battery storage sites in Texas to support the state’s rapidly growing and volatile power grid. Each site, approximately 9.9 MW, will operate within ERCOT’s energy-only market, generating revenue through energy arbitrage by purchasing power during low-cost periods and selling during peak demand. These projects aim to provide flexible capacity to the grid, enhancing its ability to accommodate increased demand and distributed solar generation.

The portfolio is designed to scale up to five projects per quarter starting in 2027, with a contracted buyer secured at Notice to Proceed (NTP). This approach offers a repeatable development model with clear exit visibility. The projects will connect to distribution infrastructure, providing benefits such as increased hosting capacity for solar generation, faster electrification of transportation, and reduced consumer power costs by deferring major grid upgrades.