---
title: "Power Purchase Agreement for Off-site Renewable Electricity"
ocid: "ocds-b5fd17-695f63b8-999c-4390-a65b-a6c17db31934"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-695f63b8-999c-4390-a65b-a6c17db31934"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-695f63b8-999c-4390-a65b-a6c17db31934.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-695f63b8-999c-4390-a65b-a6c17db31934.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "CITY OF LONDON CORPORATION"
published: "2021-02-05"
---

# Power Purchase Agreement for Off-site Renewable Electricity

Buyer: CITY OF LONDON CORPORATION  
Current stage: Award  
OCID: ocds-b5fd17-695f63b8-999c-4390-a65b-a6c17db31934

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-695f63b8-999c-4390-a65b-a6c17db31934)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-695f63b8-999c-4390-a65b-a6c17db31934.json)

## Summary

The City of London Corporation is seeking to provide renewable electricity through a Power Purchase Agreement (PPA) with South Farm Solar Limited, covering a period from 1 February 2022 to 31 January 2037. The procurement, classified under "Electricity" (CPV code 09310000), was conducted using a selective method known as competitive dialogue. The tender period concluded on 24 January 2020, while the award for the contract was announced on 26 January 2021, with a total contract value of £40,000,000.

This contract presents significant opportunities for businesses in the renewable energy sector, particularly those specialising in solar energy projects. Companies equipped to manage large-scale energy supply contracts or those involved in the development and operation of renewable energy facilities would be particularly well-suited to participate in this procurement process. Engaging with such frameworks can help businesses expand their portfolio and enhance their service offerings within the growing green energy market.

## Notice

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.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/6ea8e4fe-bd1c-41b8-b030-82c23ce5fdaf |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Goods |
| Procurement method | Selective |
| Procurement method details | Competitive dialogue (above threshold) |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 5 Feb 2021 |
| Submission deadline | 24 Jan 2020 |
| Future notice date | Not specified |
| Award date | 26 Jan 2021 |
| Contract period | 1 Feb 2022 - 31 Jan 2037 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £40,000,000 |
| Lots value | Not specified |
| Awards value | £40,000,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | CITY OF LONDON CORPORATION |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC2P 2EJ |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI43 Haringey and Islington |
| Local authority | Islington |
| Electoral ward | Clerkenwell |
| Westminster constituency | Islington South and Finsbury |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | SOUTH FARM SOLAR |

## CPV Codes

### Divisions

- 09 - Petroleum products, fuel, electricity and other sources of energy

### Codes

- 09310000 - Electricity

## Release History

- 5 Feb 2021 at 09:29 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/6ea8e4fe-bd1c-41b8-b030-82c23ce5fdaf

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/6ea8e4fe-bd1c-41b8-b030-82c23ce5fdaf
  5th February 2021 - Awarded contract notice on Contracts Finder
- https://ted.europa.eu/udl?uri=TED:NOTICE:62916-2021:TEXT:EN:HTML
  OJEU Contract award notice

## Notice URLs

- http://www.cityoflondon.gov.uk

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-695f63b8-999c-4390-a65b-a6c17db31934. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-695f63b8-999c-4390-a65b-a6c17db31934.json.
