Common Contracts
1 similar Power Purchase Agreements contracts
Power Purchase Agreements (PPA) – what are they?Power Purchase Agreements • October 6th, 2020
A PPA represents an agreement between a power generator and an off-taker – typically a utility company or other large corporate entity - for the sale/purchase of electricity outside wholesale markets. The PPA will define the commercial terms between the generator and the off-taker, including the schedule for delivery of power, pricing, and ultimate termination of the agreement – the term of which could be as long as 20 years or more.
