SHT 03 / 06  ·  PLATFORM  ·  IN DEVELOPMENT
Digital project tools · Screen engine v0.4

The screen comes first.

Before a project earns real spending, it has to survive the questions a lender will ask at the end. Our pre-feasibility platform asks them at the start, in hours instead of weeks, so the cheap answers arrive before the expensive commitments.

STARTING WITH SOLAR  ·  BUILT BY THE TEAM THAT SCREENS FOR OUR OWN CONSORTIUM

SHT 03.1  ·  THE DIFFERENCE

Engineering tools estimate. Lenders decide.

Design and yield software answers engineering questions: how many modules fit, what they produce, what they cost. Useful, and rarely the reason a deal dies. Deals die on upgrade cost allocation, on tenor, on basis, on equity that never commits. The screen is built around that second list.

What design tools answer

  • How many modules fit the site
  • What the array will produce at P50
  • What the build will cost

What lenders ask

  • Who bears the network upgrade cost
  • Does the tenor cover the debt
  • Where does basis settle
  • Is anyone writing checks for this profile
SHT 03.2  ·  METHOD

Twenty checks, four pillars, one read.

Every check is a lender question with the evidence beside it, weighted the way credit committees actually weigh them, and rolled into a single read: advance, conditional, or walk.

Interconnection risk

Weight 30

The queue position, the upgrade exposure, and the curtailment picture at the point of interconnection.

IC-01Is network upgrade exposure quantified?
IC-03Is curtailment inside the underwriting range?

Yield credibility

Weight 25

Whether the production estimate would survive an independent engineer.

YC-01Is P90 backed by bankable resource data?
YC-04Are loss assumptions conservative?

Offtake strength

Weight 25

Whether the revenue contract can carry the debt it needs to carry.

OF-02Is the contract executed?
OF-03Does the tenor cover the debt?

Capital structure

Weight 20

Whether the stack clears lender floors, and whether it matches live mandates in our funding network.

CS-02Does DSCR clear the lender floor at P90?
CS-01Does the profile match consortium appetite?ADG network
Pass

Clears the lender test.The evidence holds as it stands.

Flag

Survivable if priced.A named risk with a cost to retire it.

Open

No data yet.A gap named early is a gap priced early.

SHT 03.3  ·  SAMPLE SCREEN

One project, screened.

This is a sample screen for Project ADG-2603, an 80 MWac single axis site in West Texas. The numbers are illustrative. The structure is exactly what the platform returns.

A-D Global · Pre-feasibility
Digital project tools
SHT PF-01 · Rev B · 10 Aug 2026
Bankability screen · Project ADG-2603
ProjectADG-2603
Capacity80 MWac · single axis
GridERCOT West · Scurry Co, TX
Target CODQ3 2028
Capex estimate$92.4M
Lender inputs31 of 42 present
Bankability read
63/100Conditional
Financeable shape with two structural flags. Hold spend at the land option until tenor and upgrade exposure clear.
0 · Walk45Conditional70Advance · 100
Committed to date$180K
Next gate commits$1.4M
Cost to retire flags$60K
Late discovery cost$2.1M est
Pass clears the lender test · Flag is survivable if priced · Open means no data yet
Interconnection risk
Weight 30% · 2 flags · 1 open
54/100
Flag
IC-01Is network upgrade exposure quantified?
Screen study shows an N-1 thermal overload on the Sun Switch 138 kV tie. Prelim upgrade estimate $18-31/kW, cost allocation unresolved.
Pass
IC-02Does the point of interconnection have headroom?
Sun Switch 345 kV, 4.2 mi gen-tie. Estimated headroom 120 MW at the POI.
Flag
IC-03Is curtailment inside the underwriting range?
West ERCOT congestion. Modeled curtailment 6-9% against a 5% lender norm.
Pass
IC-04Does queue timing support the COD?
Serial study path. Estimated energization Q1 2028, five months ahead of target COD.
Open
IC-05Is interconnection security sized?
Collateral schedule not yet modeled.
Yield credibility
Weight 25% · 2 flags
72/100
Flag
YC-01Is P90 backed by bankable resource data?
Satellite TMY only, no ground station. Expect an IE haircut of 2-3% on P50.
Pass
YC-02Is the P50/P90 spread inside norms?
P90/P50 ratio 0.87, interannual sigma 4.1%.
Pass
YC-03Are degradation and availability defensible?
0.45%/yr and 98.5% availability, inside the IE range.
Flag
YC-04Are loss assumptions conservative?
Bifacial gain modeled at 7%, above the typical IE allowance of 5%.
Pass
YC-05Is the equipment on lender approved lists?
Tier 1 module shortlist, tracker vendor carries an IE bankability report.
Offtake strength
Weight 25% · 3 flags · 1 open
64/100
Pass
OF-01Is counterparty credit investment grade?
C&I offtaker rated BBB+ with a stable outlook.
Flag
OF-02Is the contract executed?
LOI only. No executed PPA, pricing still indicative.
Flag
OF-03Does the tenor cover the debt?
12 yr proposed against 15 yr target debt. Merchant tail in years 13-15.
Flag
OF-04Is basis risk contained?
Hub settled against nodal delivery. Estimated basis $3.10/MWh.
Open
OF-05Are curtailment compensation terms set?
Economic curtailment language not yet drafted.
Capital structure
Weight 20% · 2 flags · 1 open
66/100
Pass
CS-01Does the profile match consortium appetite? ADG network
Matches 3 active mandates in the A-D funding network. ERCOT solar, $20-60M tickets.
Flag
CS-02Does DSCR clear the lender floor at P90?
Minimum DSCR 1.28x against a 1.30x floor. Misses at current tenor and pricing.
Flag
CS-03Are tax credit assumptions verified?
ITC 30% plus a 10% energy community adder claimed. Adder eligibility unverified.
Pass
CS-04Is the leverage ask inside market terms?
70/30 with a mini perm structure, placeable in the current market.
Open
CS-05Is sponsor equity committed?
35% soft circled, no commitment letter.
Cheapest next actions
Ranked by risk retired per dollar
01
Request the full ERCOT study and upgrade cost allocation
IC-01$45K90 days
02
Commission a ground calibration campaign for the resource data
YC-01$12K6 months
03
Reprice the PPA term sheet at a 15 year tenor
OF-03$3K30 days
Retiring all three costs $60K against the $1.4M committed at the next gate. If they fail to clear, walking away costs the land option alone.
DrawnScreen engine v0.4
ReviewedPending
Project noADG-2603
SheetPF-01
RevB
ScaleNTS
Sample data for concept review. A screen ranks risk early, it is not a lending decision.
SHT 03.4  ·  DECISION ECONOMICS

The cheapest money on the project.

Every screen closes with the economics of the decision itself. In the sample above, $180K is committed, the next gate commits $1.4M, and retiring all three flags costs $60K. Finding the same problems after financial close would cost an estimated $2.1M. So the screen ends in a ranked list of the cheapest next actions, and the next dollar goes where it retires the most risk. Every read lands in one of three bands.

0 to 45Walk

The flags outprice the project. Stop before the next gate, and keep the loss at what is already committed.

45 to 70Conditional

Financeable shape. Hold spend until the named flags clear, then rescreen.

70 to 100Advance

The evidence holds. Take it to the table.

SHT 03.5  ·  THE NETWORK

The check nobody else can run.

A score tells you a project is financeable in principle. It cannot tell you whether anyone is writing checks for this profile right now. Our screen can, because the last check runs the project against live mandates in the A-D funding network, the same consortium we place our own work through. That row is not a feature we added. It is the reason the platform exists.

Pass
CS-01Does the profile match consortium appetite?ADG network
Matches 3 active mandates in the A-D funding network. ERCOT solar, $20-60M tickets.
SHT 03.6  ·  STATUS & ACCESS

Where it stands.

The screen engine is at v0.4 and in active development, starting with solar. Early access is limited, and priority goes to active clients and consortium partners.

DrawnScreen engine v0.4
ReviewedPending
StatusIn development
ScopeStarting with solar
AccessEarly list open
ScaleNTS

Sample data for concept review. A screen ranks risk early, it is not a lending decision.