Altenex, an Edison Energy company, announced a proprietary Renewable Energy Purchase Agreement (REPA) used for commercial, industrial and institutional clients.

The Altenex REPA has been specifically designed to mitigate companies’ risks in procuring large-scale, off-site renewable energy supply to avoid some of the most common pitfalls that can occur in this kind of transaction. An issue as simple as scheduling ongoing maintenance of a wind or solar facility can have major production/economic performance implications for the off-taker if a facility is down during peak-production/peak-usage times.

Other major areas of contract-addressable risk include project operations, volume/resource considerations, operations, market price protection, counterparty risk, renewable energy certificate devaluation, regulatory change, intermittency, and hedge effectiveness.

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Altenex   Edison Energy  

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