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Glossary

Battery Energy Storage System (BESS)

A Battery Energy Storage System (BESS) is a facility that stores electricity in large-scale batteries for later use. BESS projects help improve grid reliability, support renewable energy generation, and manage fluctuations in power demand.

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Billboard Lease

A billboard lease is an agreement that allows an advertising company to place and operate a billboard on privately owned land. In exchange, the property owner…

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Capitalization Rate

A capitalization rate, or cap rate, is a metric used to evaluate the expected return on an income-producing property. It is generally calculated by dividing a…

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Cell Tower Lease

A cell tower lease is an agreement between a property owner and a telecommunications company that allows the company to place wireless communication equipment on the…

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