The company, which has three co-located systems in NSW, sent out flyers to interested parties this week, emphasising that it already has battery storage service agreements in place for all of its 150MW.
Investor appetite for such assets will be on show through the process and could set the tone for future deals.
The pressure is on APM Human Services, SiteMinder and Ventia Services to get off to flying starts in coming weeks, and drag the IPO class of 2021 firmly into positive territory.