Maple Creek Energy Combined Cycle RFP

Maple Creek Energy LLC and Maple Creek Energy II LLC, subsidiaries of Advanced Power, are seeking proposals for long-term contracting and strategic co-location opportunities related to a two-phase combined-cycle gas turbine (CCGT) facility development project. The Project is a ~1,300 MW CCGT facility located in MISO Zone 6, being jointly developed by Advanced Power and BDC Power Holdings LLC (a Bechtel company), with Bechtel Infrastructure & Power Corporation selected as the EPC Contractor. Advanced Power is a privately-owned developer with experience in thermal and renewable generation assets since 2000, having successfully developed 6 GW of assets in the U.S. and Europe, with a current development portfolio of 12+ GW thermal and renewable projects plus 10+ GWh of energy storage. Bechtel brings decades of experience as a developer and EPC contractor for large-scale CCGT projects, having delivered over 64,000 MW of gas-fired power generation and executed more than 140 gas turbine projects worldwide.

Respondents are invited to submit proposals for long-term offtake agreements for capacity and energy from one or both Project phases, with preference for long-term tolling agreement structures, though alternative structures such as bundled capacity/energy agreements or build-own-transfer agreements will be considered. Minimum requirements for capacity and energy proposals include: minimum 200 MW quantity, start date on or after H2 2029 (with interest in partial, phased, or interim solutions encouraged), minimum 15-year term, and delivery at Project Busbar. Respondents are also invited to express interest in co-locating large load facilities on the Project site through site sale or lease, paired with long-term capacity and energy offtake agreements. Co-location proposals should include confirmatory diligence and development timelines, acreage requirements, preferred real estate transaction structure, expected demand profiles and ramp-up schedules, interest in pairing with long-term capacity/energy contracts, backup or behind-the-meter generation preferences, and water requirements. All proposals must include timeline information for negotiating, executing, and obtaining approvals for definitive agreements.

Evaluation criteria include commercial terms and structure, contract length (longer tenors viewed more favorably), proposal responsiveness, technical/economic/commercial viability, financial qualifications of respondent, interest in partnering on MISO ERAS submission, fuel supply coordination if applicable, and other value-added benefits. Respondents will undergo credit analysis including tangible net worth evaluation, historical and projected cash flow/liquidity/leverage measures, credit ratio calculations, credit ratings from Standard & Poor's/Moody's/Fitch/Dun & Bradstreet as applicable, and earnings volatility assessment. Successful respondents may be required to post credit support in forms acceptable to Maple Creek, including parent guarantees, letters of credit from investment-grade institutions, cash escrow deposits, or equivalent support.

Key dates include RFP issuance on July 7, 2025; Pre-Qualification application deadline of July 11, 2025; proposal submission deadline of July 18, 2025 at 5:00 p.m. EST; shortlist notification and definitive documentation distribution on July 25, 2025; and final award notification on August 1, 2025. Pre-Qualification applications and executed Confidentiality Agreements are required to access detailed Project information and RFP materials. All submissions must be made electronically to mceRFP@maplecreekeneergy.com.