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Rooftop solar array on an urban building
Healthcare / Life Science — Cambridge, MA

A Kendall Square life science building: rooftop solar with battery peak shaving.

[PLACEHOLDER — replace with real data once owner permission is secured] One-line summary of the outcome, written once the owner has approved publication.

XXX,XXX sq ft
Building size
X,XXX kW / X MWh
System size
$XXX,XXX / yr
Annual NOI to owner
XXX mt CO2e
Emissions credit
01The property

[PLACEHOLDER — replace with real data once owner permission is secured] Description of the asset: lab-to-office ratio, 24/7 base load, mechanical plant, and the resilience requirement that made storage part of the scope.

[PLACEHOLDER — replace with real data once owner permission is secured] Second paragraph on tenant coordination and the constraints of working around continuous lab operations.

Building type
Life science / lab [PLACEHOLDER — replace with real data once owner permission is secured]
Square feet
XXX,XXX [PLACEHOLDER — replace with real data once owner permission is secured]
Utility
Eversource [PLACEHOLDER — replace with real data once owner permission is secured]
Tariff class
G3 [PLACEHOLDER — replace with real data once owner permission is secured]
Occupancy
XX% [PLACEHOLDER — replace with real data once owner permission is secured]
Owner type
Life science developer [PLACEHOLDER — replace with real data once owner permission is secured]
02The structure

[PLACEHOLDER — replace with real data once owner permission is secured] Structure description: rooftop solar plus a battery dispatched against the demand peaks that drive the Eversource bill, with the owner receiving a monthly NOI payment under a site license.

[PLACEHOLDER — replace with real data once owner permission is secured] Notes on SMART tariff election, storage adder qualification and dispatch obligations.

Deal terms
Term
XX years [PLACEHOLDER — replace with real data once owner permission is secured]
Escalator
X.X% annual [PLACEHOLDER — replace with real data once owner permission is secured]
Ownership
NOI Energy owns the asset [PLACEHOLDER — replace with real data once owner permission is secured]
O&M
NOI Energy, full term [PLACEHOLDER — replace with real data once owner permission is secured]
Incentive stack
Federal ITC + SMART + storage adder [PLACEHOLDER — replace with real data once owner permission is secured]
03The result
$XXX,XXX
Year-one NOI to owner
XX%
Peak demand reduction
XXX mt CO2e
Annual emissions avoided
$0
Owner capex
[PLACEHOLDER — replace with real data once owner permission is secured] Owner quote, used only after written permission is on file.
[PLACEHOLDER — replace with real data once owner permission is secured] Name, title, ownership entity

Quote used with the owner's written permission.

04Compliance credit

[PLACEHOLDER — replace with real data once owner permission is secured] How the project contributes against the building's BERDO 2.0 emissions standard, and the Alternative Compliance Payment exposure it reduces across the declining standard.

Read: BERDO 2.0 (Boston)

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