Liminal Energy focuses on mid- and late-stage development and operating battery storage projects—where capital is scarce, construction and operational expertise is differentiating, and value realization is most tangible.
OUR LIFECYcle
Mid-stage
At the mid-stage, we focus on interconnection, procurement, and offtake negotiation—creating a disciplined window to acquire quality assets at attractive $/W.
Late-stage
At the late-stage, we lead EPC negotiation, structure tax credits and debt, and place sponsor equity—locking in bankable economics and execution.
Operating stage
At the late-stage, we lead EPC negotiation, structure tax credits and debt, and place sponsor equity—locking in bankable economics and execution.
WHY us
Investment Strategies
12–20%+ IRR
Sponsor Equity
Controlling, levered positions funding development and select equipment/construction gaps. Returns vary by offtake structure (tolling, merchant, revenue put). Target: high-value mid/late-stage assets and select operating acquisitions.
12–18%+ IRR
Preferred Equity
Short-duration, lower-risk positions sized to capex, benefiting from ITC, accelerated depreciation, and senior preferred distributions. Typical minimum five-year hold to avoid recapture.
