Tenders Are Invited For Environmental Services – Hofor Cc Tender

Environmental Services – Hofor Cc Tender. Hofor Forsyning Holding P/S (“Hofor”) Hereby Invites Interested Parties To Submit A Tender For The Award Of A Concession Contract Re. The 1) Right To Establish A Carbon Capture Facility (“Facility”) And Subsequently Extract And Utilize Co2 From The Flue Gas Of Amagerværket Blok 4 (Amv4) And 2) The Establishment Of A Co-Ownership Of A Joint Company Between Hofor And A Private Party (“Concessionaire Company”). The Concessionaire Company Will Be Entitled To Optimise The Sale And Use Of The Carbon To The Joint Benefit Of The Parties. The Purpose Of The Facility Is To Capture Co2 Emissions From The Flue Gas Generated By Amv4, When Producing Heat And Power By Burning Biomass (Wood Chips). The Right To Establish The Facility And Subsequently Extract And Utilize Co2 From Amv4’S Flue Gas Collectively Comprises The Concession Subject. Placement Of The Facility May Be At A Location Identified By Hofor And Made Available To The Concessionaire Company Or Another Place Chosen By The Concessionaire Company. The Joint Company Shall Establish The Facility Either Through Project Financing And/Or Financing Provided By The Owners Directly Or Indirectly, Leasing If The Financing Of The Project Is Based On A Lease Structure Or Other Relevant Financing Or Performance-Based Delivery Model To Be Decided During The Development Phase. The Joint Company Shall Be Co-Owned By Hofor (Minority Shareholder With A 30% Ownership Stake) And The Concessionaire Company (70 % Ownership Stake). The Facility Shall Be Designed To Intake Flue Gas With A Co2 Quantity Content In The Range Between Min. 500,000 And Up To Approx. 900,000 Tonnes Of Co2 Per Year From The Flue Gas Of Amv4, Which Currently Has A Total Annual Emission Of Approx. 1 Million Tonnes Of Co2. Please Note That Indicative Tenders Shall Be Based On A Full-Scale Facility, Cf. Appendix 3 And 4 Of The Tender Specifications. The Full-Scale Assumption Is Subject To Adjustment Within The Range Indicated In The Foregoing During The Tender Process And After Conclusion Of The Contract(S). Further Specification Of The Possibilities For Adjustments Is Found In The Tender Material. The Concessionaire Company Alone Will Be Entitled – And Obliged – To Optimise The Sale And Use Of The Captured Co2 To The Joint Benefit Of The Parties. In This Regard, The Concessionaire Company Shall Be Responsible For Ensuring Sufficient Ongoing Revenues (Financial Contributions) To Cover The Operations Of The Facility Throughout The Concession Period And To Ensure Sufficient Accruals For Decommissioning Costs At The End Of The Concession Period (If Relevant). The Contractual Set Up For The Project Comprises A Main Concession Agreement And The Following Supporting Agreements: Early Works Agreement, Access, Construction And Proximity Agreement, Plot Lease Agreement, Partnership And Shareholder’S Agreement, Flue Gas Availability Agreement, Co2 Offtake Agreement And Critical Systems Operations Agreement The Contracts Contain Provisions On E.G. (1