CLIENT

Kilroy Realty Corporation

California Energy Storage

Kilroy Realty Corporation

Kilroy Realty Corporation

California Energy Storage

OVERVIEW

Kilroy Realty Corporation (NYSE: KRC) successfully contracted with a leading storage provider to install battery storage in office assets across California. Black Bear helped structure the deal to convert demand charge cost savings into rental income for KRC. In this structure, KRC receives peak demand energy services from the battery storage system, and the storage provider pays rent to KRC for the use of their battery storage host locations.

Project Benefits:

Demand Charge $/kW "Peak Shaving"

Project Type:

Storage

System Size:

2.4 MW, 7.37 MWh

Location:

CA

Date Commissioned :

2018