inancial Settlement Center signs Power Purchase Agreement (PPA) (download the standard form of PPA, pdf) only with auction winners.
Auction winner submits an application to sign PPA with financial settlement center within 60 (sixty) calendar days after being included in the list of energy producing organizations using renewable energy sources.
To sign PPA, auction winner should:
Auction winners are required to provide financial guarantee of the fulfillment of the terms of the PPA in the form of a bank guarantee or a stand-by letter of credit within 30 calendar days from the date of signing of PPA. Read more about how to provide financial guarantee of the fulfillment of the terms of the power purchase agreement in the relevant section of our website.