A global technology company wanted to identify suitable projects available for a cPPA in Italy and Spain, to connect its sites using green electricity as part of the company’s efforts to become more sustainable.
DNV organized the entire power purchase agreement process. This involved advising in the initial stages of deciding to pursue a PPA all the way through to contract negotiations and contract signature.
DNV supported structuring the tri-party contract, which included the retail supplier, the manufacturer, and the selected project developer. DNV highlighted any visible risks prior to the closure of the deal.
Through its industrial knowledge and subject matter expertise, DNV was the preferred partner to work with.
The results of this analysis were presented in a Final Tender Analysis Report. This review of the Head of Terms allowed DNV to facilitate the best contract structure for the client, given the current market conditions.