For marina owners
Your share of the block — and exactly how it gets set
You put up no capital. We fund, build, own and run a 5 MW / 20 MWh battery block on your yard and the bidirectional shore-power upgrade that feeds it, on a 20-year lease with 3 renewals of the same length. From year 3 you take a share of everything that block sells.
The share is not final yet — on purpose.
A block costs roughly $6,250,000 to buy, ship, install and interconnect. Until that capital and its financing are priced against a specific site, any percentage would be a guess dressed up as a promise. Our working figure today is 7.0% of gross sales, with a floor of 3.0%. Below, you can see the arithmetic that sets it, move it yourself, and watch what breaks.
Move the share and watch the block
One 5 MW block, one full year at steady state. Everything below the energy line is a real cost we carry.
Host share of gross
7.0%
Paid to your marina, per block
$96,250 /year
$1,732,500 across 18 paying years of the base term
| Line | Rate | Per year |
|---|---|---|
Energy the block sells Capacity payments, arbitrage and ancillary services, at the meter. | $275,000/MW-year | $1,375,000 |
Operations, maintenance and warranty reserve Includes the reserve that pays to replace cells — GridLynQ's risk, not the host's. | $55,000/MW-year | ($275,000) |
Insurance, metering and site services Revenue-grade metering, telemetry and the insurance the yard is named on. | $15,750/MW-year | ($78,750) |
Platform and administration Dispatch desk, settlement, compliance and reporting. | $20,000/MW-year | ($100,000) |
Host share to the marina Paid on gross sales, before GridLynQ recovers a dollar of capital. | 7.0% of gross | ($96,250) |
Debt service on the block On $2,625,000 borrowed against $4,375,000 of net cost. | 12% over 12 years | ($423,772) |
Left for the capital that built it What is left is what pays back the people who funded the container. | $1,750,000 of equity at risk | $401,228 |
Lender coverage
1.95×
Passes — the block still gets funded
Cash after your share has to cover debt service 1.30× over. Debt service is $423,772 a year on $2,625,000 borrowed.
Capital payback
4.4 years
Passes — the block still gets funded
$1,750,000 of equity is at risk in the container. It has to come back inside 8 years or the next block never gets built.
At today's costs the block can carry a host share up to 20.2% before the capital payback test fails. We write 7.0% today and hold the rest as headroom against interconnection surprises, cell replacement and the years a block earns less than plan. As real sites price out, that headroom is where a higher share comes from — and the arithmetic stays on this page either way.
Why capital comes first, and what that buys you
Open your own report link
Tell us your yard and we'll open a private, read-only report for it: blocks on your site, what each one has earned you off commissioned meters, and when we next speak. No password — the link is yours to keep and share with your partners.