Enerdatics has identified 17 GW of BESS projects in Texas, based on precedent activity and market trends, that are well-positioned for tax credit transactions in 2025. The majority of these projects are concentrated in Northeastern and Southeastern Texas, benefiting from tax credit adders, with 80% in late-stage development and seeking capital to reach FID this year. ENGIE and Vesper Energy are leading developers with GW-scale portfolios, while Bank of America and JPMorgan Chase are well-positioned to capitalize on these opportunities, leveraging their strong track records.