A joint venture with Smart Commercial Energy / financing partner to be announced
The energy is already contracted. The capital isn't.
HeliostackZero funds behind-the-meter solar and storage for Australian commercial and industrial businesses — and gives wholesale investors access to the contracted cashflows those assets produce.
Built on 200 MW delivered and $80M of PPAs under management across Australian corporates.
PORTFOLIO ENGINE / PRE-LAUNCH
ORIGINATION ACTIVE
Delivery record14 yrs
Installed200 MW
Assets managed1,200
Illustrative operating model. Track record figures belong to Smart Commercial Energy.
ORIGINATEUNDERWRITEFUNDBUILDOPERATEMONITOR
ONE PLATFORM / TWO AUDIENCES
Two ways in.
HeliostackZero sits between businesses that need energy and investors who want contracted infrastructure returns. Tell us which side you're on.
01
For commercial & industrial businesses
Fix your energy cost for 20 years. Spend nothing to do it.
We fund, install, own and maintain solar and storage on your site. You pay only for the power you use, at a rate agreed up front and locked in.
- No capex
- No maintenance
- No performance risk
02
For wholesale & institutional investors
Long-dated cashflows from assets that are already contracted.
Behind-the-meter generation sold under long-term agreements to established Australian corporates, with granular diversification across sites and counterparties.
- Contracted revenue
- No merchant exposure
- Short build cycles
DELIVERY CREDENTIALS
Not a first-time team.
HeliostackZero is new. The people behind it are not. Every figure below was delivered by Smart Commercial Energy, our joint venture partner and delivery arm, since 2012.
Figures represent the delivery record of Smart Commercial Energy Pty Ltd (ABN 27 155 596 928). HeliostackZero is a separate joint venture entity. Past delivery performance is not a guarantee of future results and does not constitute a forecast of investment returns.
As seen inFORBESAUSTRALIAN FINANCIAL REVIEWABC NEWSpv magazine
FOR COMMERCIAL & INDUSTRIAL BUSINESSES
Your board will never see a capex request.
Most businesses that want solar stall at the same place: the capital approval. The payback modelling is sound, the emissions case is sound, and the project still sits in a queue behind equipment, headcount and inventory.
A power purchase agreement removes the queue. HeliostackZero funds the entire system. We design it, build it, own it, insure it and maintain it for the life of the agreement. You buy the electricity it generates at a fixed, agreed rate — typically below what you're paying your retailer today.
If the system underperforms, that's our problem. You pay for generated power. Nothing else.
Takes about 10 minutes. We'll need 12 months of billing data and a site address.Zero capital outlay
No purchase, no lease, no debt on the balance sheet. The system is our asset, on your roof.
A rate you set today, for up to 20 years
Energy budgeting stops being a forecast and starts being a line item.
Someone else holds the risk
Design, construction, insurance, performance, maintenance and end-of-life. All ours, for the full term.
FROM BILL DATA TO OPERATING ASSET
Four steps. Roughly twelve weeks.
A disciplined path from real consumption data to a funded, operating asset. No black-box savings claims and no capital request.
Energy analysis
We model your consumption profile against your tariff and your roof, including the case for doing nothing.
INPUT / 12 months of billsIndicative rate
A fixed c/kWh rate and term, with the assumptions shown. If it doesn't beat your current position, we tell you.
OUTPUT / written proposalAgreement & build
Contract, design, approvals, grid connection and installation — delivered by Smart Commercial Energy.
DELIVERY / national capabilityTwenty years of operation
We monitor, service and maintain the system. You get performance visibility and a stable energy cost.
OPERATE / full-term accountabilitySELECTED DELIVERY RECORD
Complex sites. Live operations. No downtime.
The easy C&I projects are a commodity. Our partner's record is in the ones that aren't — multi-site rollouts, 24/7 production facilities and hybrid generation.
FOR WHOLESALE & INSTITUTIONAL INVESTORS
The constraint in this asset class has never been capital.
Behind-the-meter C&I solar produces the cashflow profile institutional investors say they want: long-dated, contracted and secured against real assets, with no exposure to merchant price.
The reason more capital has not reached it is origination. Sourcing, underwriting and delivering hundreds of individually small, technically distinct projects requires a delivery platform, not a deal team.
HeliostackZero starts with one. Smart Commercial Energy has spent fourteen years originating and delivering C&I energy projects for Australian corporates and now operates $80M of PPAs. HeliostackZero is the funding vehicle built around that pipeline.
Materials are provided to wholesale clients only. We will ask you to confirm your status.UNDERWRITING FRAMEWORKILLUSTRATIVE / SUBJECT TO CONFIRMATION
We take
- Construction and delivery risk
- Asset performance risk
- Counterparty credit risk
We do not take
- Merchant power-price risk
- Transmission-scale development risk
- Transmission grid-connection risk
This framework must be confirmed by investment committee and funds counsel before publication.
THE JOINT VENTURE
Delivery and capital, in the same entity.
Most PPA funders outsource delivery. Most solar developers outsource funding. Each arrangement creates the same failure point: split accountability.
ORIGINATION + DELIVERYSmart Commercial Energy
Fourteen years in Australian commercial energy. National design, installation, monitoring and maintenance capability.
- Pipeline origination
- Technical diligence
- EPC delivery
- Asset operations
ONE ACCOUNTABLE PLATFORMCAPITAL + ASSET MANAGEMENTFinancing partner
Fund structuring, capital formation, portfolio construction and asset management within the joint venture.
- Capital strategy
- Investment underwriting
- Portfolio management
- Investor reporting
The same people who underwrite the project are accountable for it running.
DILIGENCE STARTS HERE
Direct answers to the questions that matter.
No marketing evasions. The operating model is straightforward; the detail should be too.
What does a PPA actually cost us?
Nothing up front. You pay a fixed rate per kilowatt-hour for the solar power generated on your site. If your site generates less than expected, you pay less. There is no purchase obligation.
What happens at the end of the term?
You will have options to extend the agreement, purchase the system at fair market value, or have it removed at our cost. The final options will be written into the agreement at signing.
We lease our building. Does that rule us out?
No, though it adds a step. We will need landlord consent and a lease term that supports the PPA agreement.
How disruptive is the installation?
Delivery is sequenced around your operations. Smart Commercial Energy has installed into 24/7 production facilities with no downtime.
Is this cheaper than buying the system outright?
Over 20 years, outright purchase usually produces a better nominal return if you have the capital, appetite for technical risk and capability to maintain the asset. A PPA trades some upside for zero capital and operational burden. We will model both.
How is this different from utility-scale renewable infrastructure?
Behind-the-meter assets sell power directly to the business consuming it, displacing retail tariff rather than competing at the wholesale price. This creates a different risk profile from a transmission-connected generator.
How is counterparty risk managed?
Offtakers are credit-assessed before contracting, and exposure is diversified across many sites and businesses rather than concentrated. Detail will be provided in the investor briefing.
What is HeliostackZero's own track record?
None yet. HeliostackZero is a new joint venture. The delivery record described on this site belongs to Smart Commercial Energy and will be attributed explicitly.
Who can invest?
Wholesale clients only, as defined under s761G of the Corporations Act 2001. Status must be confirmed before materials are provided.
Can I speak to someone before receiving documents?
Yes. Investor enquiries go directly to the team rather than to a marketing queue.
START WITH THE NUMBERS
One site. One portfolio.
A clearer energy position.
FOR BUSINESSES
Send us twelve months of energy bills and a site address. We will return an indicative rate and an honest assessment — including whether a PPA is the wrong structure.
FOR INVESTORS
Request the briefing and we will confirm your wholesale status before providing any investment materials.