March 13 (Renewables Now) - As many as 12 companies and consortia are willing to partner with PPC Renewables in a project for the construction of a biomass combined heat and power (CHP) plant in Greece, the company announced.
PPC Renewables, a subsidiary of Greek utility PPC SA (ATH:PPC), in December 2017 invited expressions of interest (EoI) for the project with a power capacity of 25 MW and a thermal capacity of 45 MW, expected to be the largest one in Greece. The goal of the competitive process is to find a strategic partner that will participate as a majority owner in the company that will develop, finance, build and operate the facility together with PPC Renewables.
Among the 12 interested parties are Estonia-based Graanul Invest, Helector SA of Greece, China Western Power Industrial (SHE:002630) and a consortium between Italy’s Terna and Belgium-based Electrabel. The full list of participants can be seen in the table:
|EP Holding||China Western Power Industrial|
|CNIM||Terna – Electrabel|
|Alfamar||Zorlu- Turboden – Violar – DhP- Kablitz|
PPC Renewables will now pre-qualify the companies that will take part in a formal request for proposal (RfP) process. As previously announced, the company has already started development of the biomass CHP project.