PPAs for Developers
Power purchase agreements provide the payment guarantees and security required for any new-build generation plant to succeed.
Without the assurance of guaranteed payments for the electricity generated, banks and other finance providers are unlikely support the development of a new plant.
ENGIE is one of the few energy suppliers with the knowledge and experience to draw up long-term, bankable power purchase agreements (PPAs). Essentially, a PPA sets out the conditions under which ENGIE will purchase the electricity generated by your plant.
Our specialist team will work with you to create a PPA tailored to your particular generation asset. PPAs typically cover a period of 15 years or more.
To give you and your financial backers all the necessary assurances, our contractual structures typically include:
- Payment guarantees
- Index-linked prices
- Ability to fix prices in near-term
- Embedded benefits
- Green certificates
If you would like more information, please contact our export team on 0113 306 2021 or email firstname.lastname@example.org