2019 ETI Solar RFP
Entergy Texas is procuring up to 200 MW of solar PV through power purchase agreements or build-own-transfer structures, with minimum bids of 75 MW located in Texas MISO South and online by December 31, 2023. Projects must be registered in a current or prior MISO Definitive Planning Phase study or hold a signed Generator Interconnection Agreement, with PPA terms up to 20 years at energy-only pricing.
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AI overview
Entergy Texas, Inc. (ETI) is seeking to procure up to 200 MWs of Solar PV Resources through a power purchase agreement (PPA) as well as an asset acquisition under a build-own-transfer (BOT) transaction structure that can provide cost-effective energy supply, fuel diversity, and other benefits to ETI's customers. Qualified renewable technology is limited to Solar PV resources. Proposals must be for resources active in the April 2018 Midcontinent Independent System Operator, Inc. (MISO) Definitive Planning Phase (DPP) study or have a signed Generator Interconnection Agreement from a previous MISO DPP study. The delivery term for a PPA would be for a maximum of twenty (20) years. The guaranteed start date for a PPA and the target closing date of an asset acquisition would be required to be no later than December 31, 2023, with preference for aligning with the MISO Planning Year. PPA pricing is expected to be 'all-in' energy-only pricing. The minimum capacity offered in any proposal would be seventy-five (75) MW. The location of any resource should be located within the Texas area of MISO South, and for PPAs, be financially settled at the MISO commercial pricing node for ETI load (EES.ETILD). PPA or BOT transactions would be subject to ETI's receipt of all regulatory approvals and other conditions. ETI will not accept the risk of any transfer to its books of any debt or long-term liability associated with a PPA. Alternatives must be registered as separate proposals if the bidder wishes them to be evaluated. Bidders must have required licenses and authorizations at the time of proposal submission.
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