Contract award record
Power Purchase Agreement for Off-site Renewable Electricity
Notice details
- Published
- Category
- goods
- Buyer region
- London
- Source
- View official notice
Public buyer and contract winner
Award value£40,000,000
- AwardedCompleted
- StartCurrent phase
- EndUpcoming
Work 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.
Additional information: Copy of the OJEU contract award notice can be found at the link below.