Source: https://tendernation.io/opportunities/01a13c3f-47cb-710f-bfed-111b7dcd615f/power-purchase-agreement-for-off-site-renewable-electricity

pending GB restricted procedure

# Power Purchase Agreement for Off-site Renewable Electricity

[City of London Corporation](https://tendernation.io/buyers/city-of-london-corporation)

Estimated value

£24,000,000

Published

25 Feb 2019

Deadline

Rolling deadline

## About this tender

The City of London Corporation ("City Corporation") has committed to sourcing 100 % renewable electricity, with renewable PPAs being an integral part of its energy procurement and sustainability strategies.

The City Corporation is therefore seeking to sign a long-term offsite Power Purchase Agreement ("PPA") with a wind farm or solar PV developer in Great Britain (i.e. excluding Northern Ireland). In the interest of creating "additionality", the City Corporation seeks a "new" project, which is not yet constructed but that has already been permitted/consented. The City Corporation would consider an operational project as a bridging option only.

A sleeved ("physical") PPA structure is sought, with the City's existing utility supplier providing the sleeving

services. The project(s) should be new i.e. not yet constructed, but should already be permitted/consented. An

operational project would be considered but as a bridging option only.

The City Corporation ideally seeks a PPA of around 10 to 15 years generation from a c.50-60 GWh/yr project, or portfolio of projects, with anticipated commercial operations by the end of Q4 2021.

Additional information: All dates and values are estimates and may be subject to change. This notice is not a call for competition. Any call for competition will be advertised at a later date.

## CPV classification

Electricity

Source

Contracts Finder (UK)

[View official notice](https://www.contractsfinder.service.gov.uk/notice/7c38ead0-dcd8-46bd-b1b0-dd5a8e9f3d7c)

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