REIPPP updated list of preferred bidders – up to bidding window four

I have updated the overall list of preferred bidders (previous post here) based on this morning’s DoE media announcement.

REIPPP_Round 4

Press release from the DoE found here: https://www.facebook.com/permalink.php?story_fbid=566339060135913&id=316555815114240

Big news items:

  • Financial close for Round 4 expected for Q4 this year
  • Additional capacity to be allocated to round 4.  Word on the street is that this is in the region of 1GW
  • Another 1.8GW may be allocated to an additional procurement round (Round 4.5).  This would be an expedited application process, open to bidders who were unsuccessful in previous rounds.  A good opportunity for developers to get returns on their development costs…
  • Round 5 due to be issued next year, with updates to the RFP
  • Finally, the DoE intends to apply for a further allocation of 6.3GW of RE capacity.

Bid day folks.  Big day.