Awarded contract

Private Wire - Power Purchase Agreements

Details

Supplier(s)
Noventa - Helix Heat & Power I Limited, Noventa - Helix Heat & Power II Limited
Value
£54,000,000
Duration
25 years
Topic
Electricity
Published
27 February 2024

Tender description

Power Purchase Agreements (PPAs) for power provided to Stirling WWTW and Dalmarnock WWTW via private wire from onsite CHP units. The CHP units are being sold by Scottish Water Horizons Limited to Noventa - Helix Heat & Power I Ltd and Noventa - Helix Heat & Power II Ltd. As SW has on ongoing requirement for onsite power generation, PPAs will be placed with the new asset owners. The PPAs will be in place until 2040 with extension options to 2049.

Timeline

  1. Completed: Award date26 February 2024
  2. Completed: Award published27 February 2024
    Current notice
  3. Next: Contract expiry date1 April 2049

About the buyer

BiP Solutions is a private company, founded in 1984 and based in Glasgow, that builds procurement platforms for the public sector. Notices under BiP Solutions itself cover the company's own purchasing of IT, software and business services. Tracker and Contrax, its business intelligence brands, alert suppliers to new contract opportunities. Training and consultancy work, including the Procurement Advice and Support Service, rounds out its offer to public bodies.

Over the past 5 years, most of BiP Solutions's contract awards have been in IT services, software and information systems and real estate services.

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