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Belisari

02 / Expertise

Underwrite the power,
not the story.

Power decides whether a site is worth buying. We read the interconnection position, the utility agreements, the rate structure, and the curtailment terms — then tell you what the site can actually deliver and when. Buyers underwrite with it; owners bring a defensible story to market.

Electrical substation
Chart of wholesale power prices over time, with negative-price periods highlighted in red
Power prices, modeled before a site is contracted

What we do

  1. 01

    Interconnection & queue position

    Load studies, queue standing, and interconnection agreements read line by line — so the capacity on the term sheet is the capacity the utility will actually deliver, on a date that holds up.

  2. 02

    Rates, contracts & curtailment

    Rate structures, wholesale price exposure, and curtailment terms modeled before a site goes under contract — not after. The difference between a good site and a bad one is usually in these documents.

  3. 03

    Transaction diligence

    We run the power side of diligence for either party. Buyers get an independent read before they commit; owners get the questions answered before a buyer asks them.

  4. 04

    Behind-the-meter & co-located supply

    Where the grid is the constraint, we scope co-located and behind-the-meter options with generation partners — shortening time-to-power and steadying the cost of every megawatt.

Work with Belisari

Bring us a site, a load, or a thesis.

Landowners, operators, utilities, and investors — tell us what you're working on and we'll tell you what the power is really worth and what it takes to transact.