EBCE 2018 California Renewable Energy RFP Exhibit D: Term Sheet Power Purchase Agreement Term SheetPower Purchase Agreement • June 4th, 2018
Contract Type FiledJune 4th, 2018This is an indicative Term Sheet (“Term Sheet”) that includes the key commercial terms and conditions that EBCE expects to be included in a power purchase agreement (“PPA”) that will be negotiated between selected Bidder(s) and EBCE as a result of the EBCE 2018 CA Renewables Energy Request for Proposals (“RFP”). It describes the sale from Seller to EBCE of energy, resource adequacy, and all environmental attributes associated with the output from the Facility. Until a definitive agreement is approved by EBCE management and the EBCE Board of Directors, and signed and delivered, no party shall have any legal obligations, expressed or implied, or arising in any other manner, under this Term Sheet. Note that all reference to days refers to calendar days, not business days.