AEP Energy Partners (AEPEP), a subsidiary of American Electric Power Company is seeking proposals for off-take from new solar and new wind projects located in Ohio and Texas (the region of Electric Reliability Council of Texas).
For the projects in Ohio, the company is seeking renewable energy purchase agreements of 10, 12 or 15 years for solar or wind facilities that begin operation between 2021 and 2023. For the ERCOT sited projects in Texas, the company is seeking renewable energy purchase agreements of 12 years or less for solar facilities that begin operation between 2021 and 2023. The proposals with alternative terms will be accepted. The acceptance of bids will be at AEPEP’s discretion.
AEPEP will use the contracted offtake to support the company’s growing loads in Ohio and Texas. The notice of intent to bid must be received by AEPEP by November 13, 2020. American Electric Power (AEP), based in Columbus, Ohio, operates and maintains America’s largest electricity transmission system and more than 221,000 miles of distribution lines to serve nearly 5.5 million regulated customers in 11 states. AEP is also one of America’s largest electricity producers with approximately 30,000 MW of generation capacity, including more than 5,300 MW of renewable energy capacity.