Puerto Rico issues RFQ for generation facility P3


The Puerto Rico Public-Private Partnerships Authority (PRPPA) in collaboration with the Puerto Rico Electric Power Authority (PREPA) has issued an RFQ for a private partner to design, permit, finance, construct, manage, operate and maintain a generation facility.

The facility will be developed in northern Puerto Rico adjacent to the existing Palo Seco power plant and the chosen P3 partner will need to:

  • provide generation capacity to assist in recovery efforts from Hurricanes Irma and Maria
  • obtain flexibility in generation operation and rapid response to help manage the integration of renewable energy resources into the electrical grid
  • bring operational expertise
  • increase the reliability, resiliency and efficient operation of Puerto Rico’s generation system
  • reduce the cost of power generation and meet customers’ electricity demand needs at the lowest achievable cost for customers
  • incorporate industry best practices

At the time of publishing, the RFQ could be viewed here... 

The deadline to submit statements of qualification is 6 September (2019).

Snapshots

Asset Snapshot

Puerto Rico Co-Generation Power Plant


Value:
N/A
Full Details
Transaction Snapshot

Puerto Rico Co-Generation Power Plant PPP


PPP:
Yes
Full Details