Power Purchase Agreement for Off-site Renewable Electricity

A Contract Award Notice
by CITY OF LONDON CORPORATION

Source
Contracts Finder
Type
Contract (Products)
Duration
15 year
Value
£40M
Sector
INDUSTRIAL
Published
05 Feb 2021
Delivery
01 Feb 2022 to 31 Jan 2037
Deadline
24 Jan 2020 12:00

Concepts

Location

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

Description

The City of London Corporation (The City) has entered into an offsite power purchase agreement (PPA) with a renewable energy project owner and operator (The Developer), from which the City purchases all of the power generated at an agreed fixed price for the duration of the contract, indexed annually to CPI, along with renewable energy benefits.

Award Detail

1 South Farm Solar (London)
  • Value: £40,000,000

CPV Codes

  • 09310000 - Electricity

Other Information

Copy of the OJEU contract award notice can be found at the link below. OJEU Contract award notice https://ted.europa.eu/udl?uri=TED:NOTICE:62916-2021:TEXT:EN:HTML

Reference

Domains