ERCOT / TNMP BESS Portfolio - Fort Stockton, TX

Acreage

31.52 acres

Building Size

1,373,011 SF

This 31.52-acre BESS portfolio in Fort Stockton, Texas offers dual-tenant income and strategic positioning within ERCOT's TNMP territory. The site is 100% leased to Gore Street Capital and Excelsior Energy Capital, operating 150 MW and 75 MW battery energy storage systems with an average 20-year lease term and $273,000 in total NOI. Fort Stockton's emergence as a renewable energy hub stems from its proximity to the Permian Basin and robust wind and solar production, creating dense grid infrastructure and excess generation capacity ideal for energy-intensive operations. The portfolio sits directly north of the Cormint and Lancium data center and bitcoin mining facilities, two of the region's largest power consumers, reinforcing the area's attractiveness for compute infrastructure. Access to ERCOT's deregulated market and TNMP transmission, combined with Texas's tax-free environment, positions this site within a rapidly maturing ecosystem where battery storage, renewable generation, and high-density compute operations converge. The existing BESS infrastructure and long-term tenant commitments provide immediate cash flow while offering optionality in a market where U.S. battery storage capacity is expected to nearly double in 2024 and beyond.