Corporate Power Purchase Agreement for the University of Manchester

A Contract Award Notice
by UNIVERSITY OF MANCHESTER

Source
Contracts Finder
Type
Contract (Products)
Duration
10 year
Value
£75M
Sector
INDUSTRIAL
Published
29 Apr 2024
Delivery
01 Apr 2024 to 31 Mar 2034
Deadline
14 Nov 2022 12:00

Concepts

Location

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

Description

The University of Manchester wish to purchase the provision of a Corporate Power Purchase Agreement for the supply of Renewable Energy for their campus. The University of Manchester (UoM) intends to transform its electricity consumption to 100% renewable energy whilst supporting the development of additional renewable energy generation in Great Britain. UoM intends to: (a) procure a CPPA with a renewable energy (wind and/or solar) generator to deliver 50 GWh-60 GWh of power per annum; (b) ensure that the renewable energy CPPA satisfies the 'Additionality' criteria asset out by the Department for Environment, Food and Rural Affairs. Therefore, the project(s) must be prior to renewable generation construction and UoM's offtake will need to substantively contribute to the project(s) securing final investment decision and/or financial close.

Award Detail

1 NTR Renewables Investment (Sandyford)
  • Value: £75,000,000

CPV Codes

  • 09000000 - Petroleum products, fuel, electricity and other sources of energy

Reference

Domains