Covenant intelligence
Pull executable covenants out of agreements, tariffs, and SLAs, with no manual transcription.
Operating evidence infrastructure
Nerve
The proof layer for flexible power.
Nerve reconciles real campus operations against the covenants, service agreements, and financing models behind complex hybrid power campuses.
Not an EMS, microgrid controller, or workload scheduler. Nerve reconciles their outputs against the deal.
The problem
The next grid runs on flexibility. Flexibility runs on proof.
AI data centers and industrial campuses now operate with demand caps, curtailment obligations, non-firm service, behind-the-meter generation, batteries, and flexible workloads. These structures unlock power faster, but they create one hard question.
Did the campus actually do what it promised?
The meter alone cannot say.
Utility meter total import only
EMS export asset dispatch
Battery system reserve / SOC
Workload scheduler compute response
Lender model underwritten profile
Customer contract service quality
Reconciled into
Nerve operating record
One auditable record of whether the campus performed according to the deal.
Why AI
AI makes flexible power legible. Nerve makes it financeable.
Flexible campuses generate operating promises buried in unstructured contracts and conflicting telemetry. AI is load-bearing exactly at those boundaries, turning messy reality into a record a counterparty can underwrite against. The compliance calculation itself stays deterministic.
Telemetry reconciliation
Resolve conflicting meter, EMS, and battery feeds into one trusted operating record.
Event reconstruction
Rebuild what happened during an event from fragmented logs and asset signals.
Covenant-risk forecasting
Surface calibrated breach risk for upcoming obligations before the window opens.
Product
One operating record across the contract, the campus, and the counterparty.
Operating Covenant Ledger
Define the power envelope that matters: import limits, flexible blocks, curtailment obligations, battery reserve, generation availability, SLAs, and lender covenants.
Performance Reconciliation
Map real operating data to those obligations: meter, EMS, battery telemetry, generation output, flexible-load logs, event notices, and operator exceptions.
Event Evidence Packages
For every event: what was required, what happened, which assets contributed, where the site deviated, and whether the obligation was satisfied.
Actual-vs-Underwritten Reporting
Compare real campus operation against the financing model and design assumptions used to approve the project. Variance surfaces before it becomes a surprise.
Compliance-Risk Forecasting
Forecast whether the site is ready for the next obligation, based on battery state, weather, load, maintenance, generation availability, and workload inventory.
How it works
From promise to proof.
-
1
Define the envelope
Ingest the service agreement, tariff, financing covenants, and SLA, then translate them into a structured power envelope.
-
2
Connect the evidence
Pull data from meters, EMS, batteries, generation, workload schedulers, utility notices, and operator logs.
-
3
Reconcile performance
Compare what happened against what was promised. Capture exceptions, deviations, reason codes, and contractual impact.
-
4
Report to counterparties
Generate lender-ready, owner's-engineer-ready, customer-ready, and utility-ready evidence packages.
-
5
Improve future credit
Use operating history to support service expansion, refinancing, reduced collateral, and stronger bilateral credit.
Use cases
Built for the places a simple meter cannot explain.
Financed Hybrid Power Campuses
Where debt or equity underwriting depends on batteries, on-site generation, flexible load, and reserve availability.
Flexible Interconnection
Sites receiving conditional or accelerated service by agreeing to operate within a defined power envelope.
EaaS & Power-Campus Providers
Providers needing neutral, recurring evidence across multiple vendors, assets, customers, and financing counterparties.
Data Centers & AI Campuses
Operators coordinating grid service, behind-the-meter power, batteries, cooling, and flexible compute.
Industrial Large Loads
Facilities using curtailable service, non-firm power, or hybrid operations to access capacity faster.
For your seat at the table
Reconcile the contract, the campus, and the counterparty.
For Lenders
Recurring covenant reports for credit, IE, and IC teams.
For Sponsors
Keep conditional service unlocked with evidence.
For EaaS Providers
Neutral evidence across every vendor and asset.
For Operators
Catch covenant drift before the event.
Differentiation
The layer above your controllers and dashboards.
Nerve sits above the controllers and below the counterparties, where physical operations become financeable evidence.
Microgrid controllers operate assets.We reconcile performance against the contract.
Workload schedulers flex compute.We prove whether it satisfied the obligation.
Tariff databases track rules.We turn rules into operating covenants.
Consultants produce reports.We maintain a living operating record.
Utility meters show import.We explain the multi-asset story behind it.
Evidence ledger
Every event needs a record.
For each event, Nerve captures the obligation, the notice, the required and actual response, asset contributions, exceptions, reason codes, and contractual impact, sealed into an auditable package.
Forecast
Event
Response
Evidence
Credit
Curtailment event #018
Pass
Required reduction15.0 MW
Actual reduction16.8 MW
Time to target22 min
Battery reserve42%
Trust model
AI accelerates the evidence. Explicit logic preserves the trust.
A lender will not accept a model deciding breaches. Compliance at Nerve is deterministic and auditable by design. The machine learning is load-bearing only at the boundaries, never on the verdict.
AI handles boundaries
Extract covenants, reconcile telemetry, forecast breach risk, and generate source-grounded evidence.
The verdict is deterministic
Approved logic, explicit calculation paths, source-linked evidence, and records built for review.
Compliance-risk forecasting
See tomorrow's covenant risk before it becomes today's breach.
Nerve forecasts readiness against upcoming obligations, keeping covenant protection ahead of the next event.
Risk window - tomorrow 16:00-21:00
Elevated
- Battery reserve below covenant target
- Cooling load forecast 12% above model
- Flexible workload inventory limited
Preserve SOC
Reschedule maintenance
Verify generator
Notify scheduler
The moat
The defensible asset is what makes the models trustworthy enough to underwrite against.
Anyone can prompt a model. The hard part is proving it is right often enough that a credit committee will rely on it. That comes from a proprietary corpus and the harness that grades against it.
Verified covenant corpus
Real agreements mapped to executable covenants, reviewed and corrected to form the ground truth for extraction.
Labeled event outcomes
Reconstructed events with confirmed results that become the basis for calibrated, defensible risk forecasts.
Evaluation harness
Continuous grading of every model against the corpus, so accuracy is measured against ground truth.
The future
From flexible operation to trusted capacity.
Today, flexible large loads are promises. Tomorrow, they become grid resources. That transition requires operating history, and Nerve builds the record.
Lender covenant reporting
Actual-vs-underwritten performance
Event evidence packages
Bilateral capacity credit
Lower collateral
Service expansion
Financing a hybrid campus with flexible-power assumptions?
If your project depends on batteries, on-site generation, flexible load, conditional service, or performance covenants, Nerve turns the operating promise into lender-grade evidence.
Technology
Nerve uses AI to make flexible power underwritable.
Extracting covenants from agreements, reconciling conflicting telemetry, reconstructing events, forecasting breach risk, and generating source-linked evidence packages, all for the counterparties financing the campus.
Five AI primitives
Load-bearing where the data is messy. Out of the way where the answer must be exact.
Each primitive has a defined input, a defined output, and a place in the evaluation harness. None of them decide compliance.
Covenant intelligence
Unstructured contract to executable covenant.
Telemetry reconciliation
Conflicting feeds to reconciled record.
Event reconstruction
Fragmented logs to event timeline.
Covenant-risk forecasting
Site state to calibrated risk.
Source-grounded evidence
Reconciled record to sealed package.
Covenant to source data
One clause, traced to the telemetry that proves it.
This is the wedge: a covenant lifted from a contract, bound to its sources, and resolved by an explicit calculation path, auditable end to end.
Upon a curtailment notice, the Borrower shall reduce grid import by no less than 15 MW within 30 minutes and maintain battery reserve at or above 35% for the duration of the event.
reduce_import >= 15 MW within 30 min
battery_reserve >= 35%
Bound to revenue meter, EMS export logs, and battery BMS state-of-charge feeds.
The model finds and binds. The calculation is plain arithmetic against approved logic.
Trust model
Why a lender can rely on it.
Compliance itself is deterministic and auditable by design. Our ML is load-bearing at the boundaries: extracting executable covenants, reconciling telemetry, forecasting covenant-breach risk, and generating source-grounded evidence packages.
Approved logic only
A human signs off before covenant logic can produce a verdict.
Explicit calculation path
Each result traces to its inputs and arithmetic.
No unsupported claims
Every figure links to a source that survives review.
Evaluation harness
Accuracy is measured against ground truth.
The corpus is the moat. The harness keeps it sharp as models and contracts change.
Verified covenant corpus
Real agreements mapped to executable covenants and human-corrected for ground truth.
Labeled event outcomes
Reconstructed events with confirmed results for calibrated breach-risk forecasts.
Continuous evaluation
Every model graded on extraction precision, reconciliation accuracy, and forecast calibration.
For lenders & infrastructure investors
Turn operating assumptions into operating evidence.
You financed the campus based on a model. Nerve shows whether reality is tracking the model, with recurring covenant reports designed for credit teams, independent engineers, and investment committees.
- Battery & generation availability
- Flexible-load performance
- Curtailment compliance
- Demand-cap exposure
- Clean-power milestones & SLA risk
- Actual-vs-underwritten variance
Actual vs underwritten - May 2026
Battery availability97.8% / 98.5%
Flexible-load availability82% / 90%
Fuel-cell availability95.1% / 94%
Curtailed-event performance100% pass
No covenant breach. Monitor flexible-load inventory.
For developers & sponsors
Make flexible power financeable.
Conditional service can unlock a site. Evidence keeps it unlocked. Nerve helps sponsors prove that hybrid campuses operate according to the commitments used to secure power, customers, and capital.
Financing diligence
Customer commitments
Service expansion
Operational handoff
Refinancing
Performance disputes
Conditional service proof plan
01
Bind the service agreement and financing covenants.
02
Connect campus telemetry before commercial operation.
03
Produce recurring evidence for lenders, utility, and customer stakeholders.
For EaaS providers
One trusted record across every asset and counterparty.
Your system includes batteries, generation, grid service, customer commitments, EMS data, and financing obligations. Nerve provides neutral operating evidence across them all.
- Customers
- Lenders
- Project investors
- Owner's engineers
- Utilities
- Internal operations teams
Counterparty evidence graph
For operators
Know when your campus is drifting toward non-compliance.
Nerve works alongside your EMS, telling you whether your operating posture is still inside the envelope promised to counterparties.
- Compliance status
- Event readiness
- Battery reserve risk
- Generation & flexible-load readiness
- Exceptions & upcoming constrained windows
Next risk window - today 16:00-20:00
Elevated
- Battery reserve below covenant target
- Cooling load forecast 12% above model
- Generator availability verified
Nerve
Operating evidence package
Sealed
Curtailment Event #018
Campus A-07 - Loring Mesa, ERCOT West
Pass
Covenant to telemetry to result
ObligationSource telemetryResult
Reduce import >= 15 MW within 30 minRevenue meter / EMS16.8 MW / 22m
Hold battery reserve >= 35%Battery BMS42% held
Notify scheduler within 5 minWorkload schedulerAck 1m40s
Measured grid import vs import limit
Grid import fell to 56 MW during the window, 24 MW under the 80 MW cap, with the reduction supplied by battery, flexible compute, and on-site generation.
Asset contribution
Battery6.4 MW
Flexible compute7.1 MW
On-site generation3.3 MW
Total delivered16.8 MW
Required15.0 MW
Exception log
17:58Curtailment notice receivedutility
18:00Response initiatedEMS
18:09Battery + gen rampedBMS
18:2215 MW target metmeter
18:31No exceptions - package sealed#018
Sources reconciled
Version history
v1.0 - Sealed2026-05-18
v0.9 - IE review2026-05-16
v0.1 - Auto-drafted2026-05-14
Distributed to
Lender - credit teamdelivered
Independent Engineerdelivered
Utility - Oncordelivered
Customeracknowledged
This is a representative package. Your covenants, assets, and counterparties define the real one.