Fort Capital
Overview
Fort Capital pursues industrial assets between $15M and $100M+ across Texas, Florida, Tennessee, and North / South Carolina. It is our goal to find exceptional, risk-adjusted assets in high-growth markets with a focus on Core-Plus and Value-Add opportunities.
DETAILS
- 197 total ESIDs across 40 different entities
- Annual Usage: ~9,000,000 kWh
- Average Price: $0.10 / kWh
- Contracts Expired: 40 meters currently out of contract (high M-T-M variable pricing)
- Contracts did not meet Fort’s operational goals
- 127 total meters set to expire
Fort Capital
The Solution
APC pursued an Aggregated Pricing Strategy across North Texas and Houston resulting in the following Master Contract.
DETAILS
- 60-month, fixed price contract at $0.07 / kWh
- Walk-Away / Termination Language (in the event of a sale)
- Staggered start dates
- Add / delete clause (20% threshold)
- Blend-and-Extend Language
- Full Assignment Language
- Partial Assignment Language
- $1,000,000 over the life of the contract
- $200,000 on an annual basis
- 30% savings