Expired
RFP

Request for Proposals (RFP) for Renewable Energy Prepayment Program

Clean Power Alliance of Southern California CA

Important Dates

Deadline

May 13, 2022 4:00 PM

Deadline passed

Published

Apr 29, 2022

AI Overview

Clean Power Alliance of Southern California (CPA) is seeking proposals from qualified and experienced financial institutions to structure and market a renewable energy prepayment transaction through a conduit issuer (California Joint Powers Authority or other public entity). The selected Prepaid Supplier will submit a proposal to become a prepay supplier for CPA's transaction and must include bond underwriting and other related support services, including legal support. The Prepaid Supplier and Bond Underwriter will enter into definitive agreements with the Issuer, who will sell bonds for the purpose of prepaying the Prepaid Supplier for a 30-year supply of renewable energy. CPA will enter into a pay-as-you-go power purchase agreement with the Issuer. The objective is to close the transaction in Q4 2022. The prepayment transaction will involve the selected supplier submitting a proposal for prepaid electricity supply, with bond underwriting services to support the issuance of bonds by a conduit issuer.

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