Global lower-middle market M&A Advisors
Countries in which we've closed transactions
Languages spoken by our Team
Total deals value
© 2026 MergersCorp M&A International.
is a global brand operating through a number of professional firms and constituent entities located throughout the world to provide M&A Advisory and other client related professional services. The Member Firms are constituted and regulated in accordance with relevant local regulatory and legal requirements. For more details on the nature of our affiliation, please visit us on our website https://dev.cherrycoding.com/mergerscorp/disclaimer. MergersCorp M&A International is not a registered broker-dealer under the U.S. securities laws.
This website does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service by MergersUS Inc. or any other third party regardless of whether such security, product or service is referenced in this website. Furthermore, nothing in this website is intended to provide tax, legal, or investment advice and nothing in this website should be construed as a recommendation to buy, sell, or hold any investment or security or to engage in any investment strategy or transaction.MergersCorp M&A International franchising program is not offered to individuals or entities located in the United States
The franchising program is offered by MergersUK Limited a UK Company with registered office at 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom
位于撒丁岛奥里斯塔诺的一个公用事业级电池储能系统(BESS)开发项目。该项目计划在占地7.5公顷的土地上建设,额定功率为199兆瓦,距离现有的Terna公司220千伏变电站仅0.1å… ...
位于撒丁岛奥里斯塔诺的一个公用事业级电池储能系统(BESS)开发项目。该项目计划在占地7.5公顷的土地上建设,额定功率为199兆瓦,距离现有的Terna公司220千伏变电站仅0.1公里。该提案概述了通过100%特殊目的实体(SPV)股权转让,将项目推进至“可立即建设”(RTB)状态的实施路径,该项目已获得并网许可(PTO),且“单一许可”(Autorizzazione Unica– AU)审批流程正在进行中,预计耗时18个月。
| 项目 | 单价 | 基础 / 公式 | 承诺总额(欧元) | 注释 |
| 开发商成功费——定金(15%) | 6,750 欧元 / 兆瓦 |
199 兆瓦 × 15%
|
1,343,250欧元
|
签约时支付
|
| 开发者成功费——RTB(85%) | 38,250欧元/兆瓦 |
199 兆瓦 × 85%
|
7,611,750欧元
|
在AU批准后支付(交钥匙转让)
|
| SPV收购总对价 | 45,000欧元/兆瓦 | 199 兆瓦 | 8,955,000欧元 | 并购总开发商费用 |
| 土地购买对价 |
100,000欧元/公顷
|
7.5公顷
|
750,000欧元 |
扣除初始开发商押金退款后的净额
|
| STMG 接入费报销及最终余额 | 按成本计价 |
穿透式
|
待最终确定 |
已支付STMG首期款项;剩余款项按Terna STMG规定支付
|
| 土地定金退款 | 按成本计价 |
直通
|
待最终确定 |
应退还给开发商的预付款
|
| 施工前总资本支出(基准) | — | SPV 股权 + 土地 | 9,705,000欧元 | 不包括STMG余额和融资费用 |
| 明细项目 | 第1年 | 第2年 | 3年级 | 四年级 | 五年级 | 注释 / 驱动程序 |
| 装机容量(兆瓦) |
199
|
199
|
199
|
199
|
199
|
全面投入商业运营
|
| 产能/可用性 收入 | 9,950欧元 | 9,950欧元 | 9,950欧元 | 9,950欧元 | 9,950欧元 | 5万欧元/兆瓦的合同最低价 / MACSE-CM |
| 套利与收益平衡(MSD/MGP) | 6.965欧元 | 6.825欧元 | 6,690欧元 | 6.555欧元 | 6.425欧元 | 考虑循环效率和退化后的净差值 |
| 总营业收入 | 16.915欧元 | 16.775欧元 | 16.640欧元 | 16.505欧元 | 16.375欧元 | 基准均值约为 8.5 万欧元/兆瓦/年 |
| 固定及计划性运维 | (1.393欧元) | (1.421欧元) | (1.449欧元) | (1.478欧元) | (1.508欧元) | 长期服务协议(LTSA) |
| 保险与资产管理 | (696欧元) | (710欧元) | (724欧元) | (739欧元) | (754欧元) | 财产、责任、特殊目的实体(SPV)合规 |
| 电池扩容与电站其他设施 | (1.194欧元) | (1.218欧元) | (1.242欧元) | (1.267欧元) | (1.292欧元) | 针对性能退化的备用资源配置 |
| 总运营费用(OpEx) | (3.283欧元) | (3.349欧元) | (3.415欧元) | (3.484欧元) | (3.554欧元) | 按年增长率升至2.0% |
| 项目息税折旧及摊销前利润(EBITDA) | 13.632欧元 | 13.426欧元 | 13.225欧元 | 13.021欧元 | 12.821欧元 | 稳态运营现金流 |
| 息税折旧及摊销前利润率(%) | 80,6% | 80,0% | 79,5% | 78,9% | 78,3% | 公用事业级电池储能系统(BESS)的典型配置 |
© 2025 MergersCorp M&A International is a global brand operating through a number of professional firms and constituent entities (“Members”) located throughout the world to provide Investment Banking, Corporate Finance, and Advisory Services and other client-related professional services. The Member Firms (“Members”) are constituted and regulated in accordance with relevant local regulatory and legal requirements. For more details on the nature of our affiliation, please visit our Disclaimer: https://mergerscorp.com/disclaimer. MergersCorp M&A International's franchising program is not offered to individuals or entities located in the United States.
The franchising program is offered by MergersUK Limited, a UK Company with its registered office at 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom.
MergersCorp M&A International provides strategic business advisory services, including preparing companies for growth and capital access. Through partnerships with licensed investment bankers, clients can access tailored capital-raising solutions.
U.S. Investment Banking Securities transactions are exclusively conducted by Spektrum Capital Advisors LLC, a Registered Representative of, and Securities Products offered through, BA Securities, LLC, a FINRA-registered broker-dealer. Check the background of investment professionals associated with this site on Broker Check.
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