BIP SOLUTIONS LIMITED · Awarded contract
Awarded

Award of Private Wire Power Purchase Agreements for Stirling and Dalmarnock WWTWs

Awarded 26 Feb 2024

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Awarded26 Feb 2024
Value£54,000,000.00
RegionScotland
CategoryEnergy & Environment
Expires in 22y 5mo25y 1mo term, 11% elapsed
Awarded 26 Feb 2024Expires 31 Mar 2049

BIP SOLUTIONS LIMITED awarded a contract to Noventa - Helix Heat & Power I Limited and Noventa - Helix Heat & Power II Limited for Power Purchase Agreements (PPAs) to supply power to Stirling WWTW and Dalmarnock WWTW via private wire from onsite CHP units.

The CHP units were sold by Scottish Water Horizons Limited to the Noventa entities, and the PPAs will be placed with the new asset owners to meet Scottish Water's ongoing onsite power generation requirement.

The agreements run until 2040 with extension options to 2049.

The contract value is £54,000,000.

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