Public call for the purchase of solar power plants
July 15, 2024
Implementing the mid-term strategy of the Latvenergo group and the green energy generation goals set in it, AS "Latvenergo" plans to purchase solar power plants with a total capacity of up to 200MW (megawatts), developing energy production from renewable energy resources. In order to diversify its power generation portfolio, meet EU-wide decarbonisation targets and deliver long-term shareholder value, Latvenergo AS has set ambitious targets for increasing its green power generation capacity, including through a strategy of asset mergers and acquisitions (M&A).
PricewaterhouseCoopers SIA will act as an independent consultant for the selection and evaluation of the projects to ensure the protection of confidential information and efficient management of the process.
Detailed information on the conditions and prerequisites for project selection (wind and solar power plants), as well as the application form are attached in the annexes:
Declaration of Confidentiality
Project application deadline: until August 30, 2024. AS "Latvenergo" will start the further process of the possible acquisition with the most appropriate representatives of the project submitters.
Applicants can ask questions about the submission of applications and the selection procedure by contacting SIA PricewaterhouseCoopers representative Roberts Bērziņš, phone no. +371 67094400, e-mail: roberts.berzins@pwc.com.
In order to ensure non-disclosure of confidential information, if the submitted information contains a commercial secret, the project submitter identifies it by highlighting the text or numbers with yellow colour and prepares a separate version of the document, which does not contain a commercial secret. SIA PricewaterhouseCoopers ensures that limited availability information is not issued to AS "Latvenergo" until the in-depth research phase.
All information submitted to PricewaterhouseCoopers SIA about the Project and the Project Developer shall be used solely for the purpose of this project selection process until its expiry. The information submitted shall not be disclosed to other tenderers. All information requested is the minimum necessary for the initial selection of Projects.