Redefining the future of energy through revenue certainty
Basis Energy originates revenue swap agreements that translate volatile market revenue from utility-scale battery storage into contracted, long-tenor cash flows.
From Volatility to Bankable Revenue
Australia’s energy transition does not need more projects, it needs more pathways to bankable revenue.
Basis Energy originates long-term Revenue Swap Agreements that convert a battery’s volatile market revenue into a fixed annual payment, backed by investment-grade credit support. Our agreements are structured under ISDA documentation and designed to ensure developers get bankable revenue while capital partners earn uncorrelated returns from NEM volatility spreads.
Revenue Swap vs Merchant
The structural difference between merchant battery storage economics and a battery storage project under a Revenue Swap Agreement materially changes the project's financing profile.
The result is contractually fixed revenue that senior lenders can model debt service coverage ratios against. Senior debt gearing increases from typical merchant-only levels to 70 percent or higher. The pathway to Financial Close compresses materially.
Vol-OS, Basis Energy’s Technology Platform
Vol-OS is Basis Energy’s proprietary pricing, dispatch, and governance engine. The engine prices each revenue swap using stochastic data models. Vol-OS sets the dispatch strategy for the contracted asset and dispatches the energy through a licensed AEMO market participant.
Basis Energy Insights
The Rise of Battery Storage Investment in Australia’s Energy Transition
Investment in Australia’s battery storage sector is entering a phase defined less by opportunity and more by execution. The scale of capital flowing into the sector is increasing, but deployment remains constrained by revenue structure, financing conditions, and project readiness. Australia’s electricity system is becoming more dynamic. Solar and wind generation continue to grow, but…
Why Revenue Certainty Is the Missing Piece in Battery Project Finance
Revenue certainty is becoming the defining factor in whether a battery energy storage system project in Australia reaches Financial Close or stalls before construction. Financial Close is the milestone at which all legal and commercial agreements with lenders and investors are fully executed, all conditions precedent have been satisfied, and the initial capital drawdowns commence,…
Why the NEM Is One of the Most Volatile Power Markets
NEM electricity price volatility is a defining feature of Australia’s energy system and a critical factor shaping how battery projects are financed and operated. For stakeholders working within the National Electricity Market, understanding this volatility is essential to evaluating both risk and opportunity. Australia’s transition towards renewable energy has transformed how electricity is generated and…