Power Purchase Agreement for Off-site Renewable Electricity
What the buyer wrote
The City of London Corporation (The City) is seeking to enter into an offsite Power Purchase Agreement (PPA) with a renewable energy project owner and operator (The Developer), from which the City purchases all (or an agreed proportion) of the power generated at an agreed fixed price for the duration of the contract, indexed annually to CPI, along with renewable energy benefits.
Details
- What the buyer calls it
- Power Purchase Agreement for Off-site Renewable Electricity
- How they are buying
- Advertised, then negotiatedThe buyer talked terms with bidders rather than taking fixed offers.
- Type
- goods
- Suitable for small firms
- The buyer says yes. What that is worth
- Work starts
- 31 Mar 2021
- Work ends
- 31 Mar 2036
- Kind of work
- Energy supply
Who the buyer named
Christina Paraskevaidou was the named contact on this notice.