← Back to Tools

Asset Value Estimator

Input your asset details and revenue assumptions. Get illustrative DCF and comparable value estimates for solar, wind, gas, and battery storage assets.

Select Asset Type

Choose the type of power asset you are estimating.

☀
Solar
Utility-scale PV
🌀
Wind
Onshore wind farm
🔥
Natural Gas
CCGT / peaker
🔋
Battery Storage
BESS / co-located
CCGT
Peaker
4-Hour
2-Hour

Asset Details

Enter the physical characteristics of the asset.

MW (AC for solar, nameplate for others)
% (solar 18-28%, wind 30-45%, gas 50-85%)
% (ERCOT/SPP wind: 3-8%, CAISO solar: 2-5%, contracted: 0-2%)
 
BTU/kWh (CCGT: 6,200-6,600)
$/MMBtu (Henry Hub, 2024-25 forward curve avg)
Years (solar: 30-35, wind: 25-30, gas CCGT: 30-40, BESS: 15-20)
%/year (solar: 0.4-0.7%, wind: 0.1-0.5%, gas: 0.1-0.3%, BESS: 1.5-3%)
$/kW all-in (solar: 1,150 - 1,600). Used for LCOE calculation and ITC basis.
Auto-calculated from $/kW x MW capacity

Revenue Assumptions

How the asset generates revenue. Standard power CF waterfall: Gross Revenue less Curtailment less OpEx = EBITDA.

$/MWh (fixed or average)
Years (0 if fully merchant)
%/year on PPA price
How revenue is modeled after PPA expiry
$/MWh - post-PPA merchant price (can be above or below contract)
 

Operating Costs & Tax Credits

O&M, insurance, land lease, and applicable tax credits.

$/kW-yr (solar: 11-14, wind: 25-40, gas: 12-26, BESS: 25-40)
$/MWh (gas: 2-4, wind: 0-5, solar/BESS: ~0)
$/kW-yr
$/kW-yr
%/year on fixed costs
$/kW-yr (asset management / SPV admin)
IRA tax credits significantly impact power asset values. PTC is common for wind; ITC for solar/storage. PTC value is inflation-adjusted annually ($0.0275/kWh base, 2024).
8% (contracted)12%16%20% (merchant)
Use 8-10% for contracted assets with investment-grade offtaker, 10-14% for merchant/hybrid, 14-20% for uncontracted or development-stage.
(optional)
(optional)

Estimated Enterprise Value (Pre-Tax)

Conservative
-
-
→
Base Case
-
-
→
Upside
-
-
$/MW
-
Base case
Annual Generation
-
GWh (Year 1)
Year 1 EBITDA
-
Before tax credits

Key Assumptions

Asset Type-
Capacity-
Capacity Factor-
Post-PPA Approach-
Annual Generation (Year 1)-
Curtailment-
Revenue Structure-
Blended Price (Year 1)-
Total Fixed Costs-
Target Return (Unlevered)-
Remaining Life-
Installed Cost-
LCOE-
Tax Credit-

Need a detailed model for a real transaction?

This estimator gives directional ranges. A deal-ready project finance model accounts for tax equity structures, DSCR-sculpted debt, MACRS depreciation, curtailment risk, and market-specific capacity pricing.

Book a Free 30-Min Call →

© 2026 North Star Advisors. Fractional CFO for Energy & Infrastructure.

Default assumptions reflect current market data and industry-standard project finance parameters.

Important Disclosures

This tool is provided by North Star Advisors for illustrative and educational purposes only. Outputs are generated using artificial intelligence and generalized assumptions. They are hypothetical and are NOT a valuation, appraisal, fairness opinion, or investment recommendation. No representation or warranty is made as to the accuracy, completeness, or reliability of any output.

This tool does not constitute financial, investment, tax, or legal advice. You should not rely on any output for making investment decisions, negotiating transactions, or any other purpose. Always consult qualified professionals - including a licensed investment banker, appraiser, CPA, and attorney - before making financial decisions.

North Star Advisors, Grey Wolf Strategic Advisory LLC, and their principals expressly disclaim any liability for losses or damages arising from the use of this tool. By using this tool, you acknowledge and agree that outputs are illustrative only and carry no professional assurance.