Electricity | Tenderlake

Electricity

Contract Value:
EUR 25M - 25M
Notice Type:
Contract Notice
Published Date:
07 May 2021
Closing Date:
10 June 2021
Location(s):
FI1C1 Varsinais-Suomi (FI Finland/SUOMI / FINLAND)
Description:
Procurement of electric energy for the period 1 January 2022 to 31 December 2024 + two (2) year option option option option option

The acquisition of electric energy by the City of Turku and its group entities associated with this acquisition, including open physical supply and the possibility of price mortgages, portfolio management and market information. In addition, the acquisition includes the purchase of guarantees of origin for electric energy generated by renewable energy.

The contract shall be concluded on a periodic basis with the entry into force once both contracting parties have signed it and expires on a fixed term of 31 December 2024. In addition, the subscriber is entitled to an option for the period from January 1, 2025 to December 31, 2026.

This is the acquisition of electric energy by the City of Turku and the group entities associated with this acquisition, including open physical supply and the possibility of price mortgages (through financial protection), portfolio management and market information. In addition, the acquisition includes the purchase of guarantees of origin for electric energy generated by renewable energy.

The contract shall be concluded on a periodic basis with the entry into force once both contracting parties have signed it and expires on a fixed term of 31 December 2024. In addition, the subscriber is entitled to an option for the period from January 1, 2025 to December 31, 2026.

The implementation of the contract shall be as follows:

Physical delivery of electricity will begin on 1 January 2022 and end on 31 December 2024.

The price protection service and the mortgage on the provenance guarantees of electricity generated by renewable energy can begin immediately from the signature of the contract.

The number and location of the locations may change during the contract period. The subscriber does not commit to the total estimated acquisition amount indicated in the RFQ.

Download full details as .pdf
The Buyer:
Turun kaupunki
CPV Code(s):
09310000 - Electricity
66140000 - Portfolio management services