Exposure queue

Q2 tax-equity performance report due

WarningSMT Bay CityReporting10 MW · CATL · Wartsila
At risk
Deadline

Flip-schedule performance package for the Bay City and Harlingen II LLCs is due to the tax-equity partner, currently assembled by hand.

If unfixed: Late or inconsistent reporting puts the ITC flip assumptions under question with the tax-equity partner.

Recommended action

Auto-generate the LP / tax-equity pack from settled availability data instead of rebuilding it in Excel.

Evidence

The full provenance behind this number: inputs, the calculation, the underlying series, and the source.

Inputs used
Report type
Tax-equity flip-schedule pack
Partner B reporting agreement
Sites in scope
Bay City, Harlingen II
Partner B SPV structure
Period
2026-Q2
Quarterly reporting calendar
Current method
Assembled by hand in Excel
Reporting workflow
The calculation

No direct dollar at risk. The exposure is a contractual reporting deadline: 6 days to deliver the flip-schedule pack.

Source Bay City / Harlingen II · Partner B reporting agreement · 2026-Q2

Action timeline

Raised, actioned, expired

  1. Raised
    2026-07-06
  2. Tax-equity quarterly report · 6 days

Quarterly tax-equity reporting clock opened at period close.

Related contract

What this exposure is measured against

Warranty floor SOH90.0%
Availability guarantee98.0%
Cycle envelope700/yr
RTE warranted85.0%
Augmentation cost basis$182/kWh
Contract term10 years