Calpine’s proposal ranked highest among all Open Season proposals received by MEA based upon five primary criteria: location, portfolio fit, project viability, counterparty strength, and contract terms. MEA received 135 project proposals for California renewable energy in response to its annual Open Season Procurement process.
The PPA includes a competitive, fixed price throughout the term, and includes a short-term 3 MWe contract for 2014 as well as a long-term 10 MWe contract for 10 years starting in January of 2017.
The two contracts will deliver more than 900,000 megawatt-hours and enough to power 13,600 local homes.
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