A power purchase agreement (PPA) is an agreement that provides a route to market for the electricity generated by a generating station and provides a key income stream against which the construction of the generating station may be financed.

This PPA is for an onshore wind farm in England or Wales, but may be useful when considering PPA structuring in other jurisdictions. This PPA has been written primarily as a training tool for lawyers who need to understand how a PPA operates and as a comparative tool for due diligence purposes.

For an overview of issues to consider when drafting, reviewing and negotiating a PPA, see Practice note, Power purchase agreement: key issues for drafting, reviewing and negotiating. For more information on the contracts required for a wind farm project, see Practice note, Anatomy of a wind power project.

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