Can a special purpose vehicle/project entity be the Seller under the REC Contract? As the company is new, it will not have a rating or any discernible financial information. Is that a problem in terms of fulfilling the requirements of the Wind and Solar RFP?

Yes, there are no restrictions that would prevent a special purpose or project entity to be the Seller under the REC Contract. However, the company must be formed before the Proposal is submitted. The Project and company can fulfill the requirements of the Wind and Solar RFP even if there is no financial information regarding the entity.

Announcements

W&S-103: Can a special purpose vehicle/project entity be the Seller under the REC Contract? As the company is new, it will not have a rating or any discernible financial information. Is that a problem in terms of fulfilling the requirements of the Wind and Solar RFP?