Our Proven Energy Real Estate Track Record
Open Doors Management is revolutionizing the energy development landscape by creating valuable partnerships that benefit both landowners and developers.
Proven Investment Results
Our strategic approach delivers exceptional returns across diverse renewable energy projects
Open Doors specializes in strategic renewable energy site origination and acquisition, generating premium returns through optimal site identification and analysis, acquisition, and structured leases or sales to top energy developers. Below are select case studies demonstrating our proven investment approach.
Solana Energy Farms aka Seville – 160MW
Solana Energy Farms Utility Scale Solar
Site Details
- 2,400 acres adjacent to IID Anza Substation (Allegretti Farms, Imperial County CA)
- Acquisition Date: January 2008
- Commercial Operation Date: December 2015
- Output: 160 MW
- Current Owner: Brookfield Renewable Partners /Deriva Energy
Investment Performance
- Development Land Purchase Option: $250,000
- Sale of Development: $750,000/4 year period
- Development Fee: $500,000
- IRR: 32%
Sullivan TN Energy Storage Site – 31.2 Acres
Sullivan, TN Energy Storage Site Lease
Site Details
- 31.2 acres adjacent to TVA 500-161kV substation
- Initial purchase: $317,100
- Lease structure: $400,000/year, 2% annual escalator
Investment Performance
- Option payments: $255,000
- Total lease revenue: $24.16M (45-year term)
- IRR: 37.73%
Ouachita Parish LA Energy Storage Site – 13.8 Acres
Ouachita Parish, LA Energy Storage Site Purchase
Site Details
- 13.8 acres next to Entergy 230kV substation
- Initial purchase: $123,930
- 13.8 acres next to Entergy 230kV substation
Investment Performance
- Option payments: $205,000
- Sale price: $738,000
- IRR: 34.43%
2001 Union Street, San Francisco
2001 Union Street, San Francisco Energy Cost Management
Site Details
- 85,000 Square Feet, Six Stories
- Commercial Sub Metered Billing of Major Tenants
- Commercial Solar & Energy Storage Installed 2018
- Building Engineering by Solana Energy
Investment Performance
- Ten Year Avoided Cost: $2,000,000
- Consumption and Demand Reduction: 35%
- 25% of PG&E Cost Recovered by Automated Billing of Tenant Sub Meter Data
- District Heating and Cooling Capital Investment Planned
Limestone AL Energy Storage Site – 43 Acres
Limestone, AL Energy Storage Site Lease
Site Details
- 43 acres near TVA 500kV substation
- Initial purchase: $31,125
- Lease structure: $215,000/year, 2% annual escalator
Investment Performance
- Option payments: $175,000
- Total lease revenue: $8,575,853 (35-year term)
- IRR: 147%
Investor Assets
Landowners enjoy long term cash flows from rent paid by the developer to the landowner less a percentage paid to Open Doors.
Open Doors specializes in strategic energy site analysis before ever contacting a landowner. We achieve premium returns through optimal site selection, acquisition, and structured leases or sales to top energy developers. Below is a select asset in our portfolio.
Prospect Solar & Battery Project Weld County Colorado – 1,578 Acres
Project: Prospect. Obligor and Developer (confidential)
Site Details
- 1,578 Acres, 4 Distinct Landowners
- Lease Rate Per Acre $800 2% Escalator
- 3 Years Remaining on Option Period. Material On Order
- Fully Permitted. Interconnection Agreement Executed
Asset Performance
- Total Payments to Open Doors $6,471,682
- Contractual Term Remaining 43 Years
- Annual Payment, Next 15 Years $102,013
- Net Present Value $2,530,000
Massengill Energy Storage Sullivan County Tennessee
Project: Massengill. Obligor and Developer (confidential)
Site Details
- 31 Acres
- Lease Rate $400,000 2% Escalator
- 4 Years Remaining on Option Period
- Permitting In Progress
Asset Performance
- Total Payments to Open Doors $2,073,503
- Contractual Term Remaining 44 Years
- Annual Payment, Next 15 Years $35,485
- Net Present Value $1,138,000
Janus Solar & Battery Project Weld County Colorado – 623 Acres
Project: Janus. Obligor and Developer (confidential)
Site Details
- 623 Acres, 3 Distinct Landowners
- Lease Rate Per Acre $800 2% Escalator
- 3 Years Remaining on Option Period. Land Permit Complete
- Interconnection Agreement Pending
Asset Performance
- Total Payments to Open Doors $2,457,033
- Contractual Term Remaining 43 Years
- Annual Payment, Next 15 Years $40,696
- Net Present Value $737,980
Morton Solar Project Morton County Kansas – 382 Acres
Project: Morton Solar. Obligor and Developer (confidential)
Site Details
- 623 Acres, 3 Distinct Landowners
- Lease Rate Per Acre $400 2% Escalator
- Developer Requesting 3 Year Extension
- Interconnection Agreement Pending
Asset Performance
- Total Payments to Open Doors $745,412
- Contractual Term Remaining 40 Years
- Annual Payment, Next 15 Years $14,122
- Net Present Value $247,727