Tender notice
Power Purchase Agreement for Off-site Renewable Electricity
Notice details
- Published
- Category
- goods
- Buyer region
- London
- Source
- View official notice
Public buyer
Public buyer
City of London CorporationTender value£30,375,000
- Planned startAs published in the notice
- Planned endAs published in the notice
Work description
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.