The Connecticut Green Bank (“Green Bank”) through this Request for Proposals (“RFP”) seeks proposals from investor/owners (“Proposers”) interested in installing, financing, owning, operating and maintaining solar PV projects at State of Connecticut sites (“SAP Projects”) and projects at municipal sites (“Municipal Projects”) as outlined in Table 1 (together being, the “Projects”). Green Bank intends to accept proposals for the acquisition of either all or a portion of the Projects. Through this RFP, Green Bank seeks power purchase agreement (“PPA”) rates for the electricity generated by the Projects and will select one or more awardees (“Awardees”) to whom the Projects will be assigned prior to being energized, as further detailed herein. The Green Bank may elect to divide awards if this approach yields better PPA pricing and overall value for counterparties to the PPAs, namely the State of Connecticut and various Connecticut municipalities (“Site Owners”).
