Cities Index.
Exhibit 1 - Power Purchase Agreement

Alameda City Council
April 5, 2022

Document
Exhibit 1 - Power Purchase Agreement
Meeting
April 5, 2022
Body
Alameda City Council
Original file
4.7 MB
Text extracted from the city's file for reading and search. Open the original on legistar1.granicus.com. That file is the official record.

POWERPURCHASEAGREE�IENT
This Power Purchase Agreement is entered into this \�day of August 2005 by and between Alameda Power & Telecom, a department of the City of Alameda, California, and Ameresco Keller Canyon LLC, a Delaware limited liability company.

RECITALS

1. Seller intends to develop, finance, build, own and operate a Landfill Gas electric generating facility to be located at the Keller Canyon Landfill ( the "Landfill") in the City of Pittsburg, California, on a site leased from Keller Canyon Landfill Company ("BFI"), which owns the Landfill.

2. Buyer is engaged in the procurement and supply of electricity to residential and commercial customers in the City of Alameda.

3. Buyer wishes to purchase a portion of the Output of the Plant and intends to resell related Energy to its residential and commercial customers.

4. Buyer is willing to purchase, and Seller is willing to sell, a portion of the Output of the Plant, on the tern1s and conditions and at the prices set forth in this Agreement.

5. Seller may determine to expand the Plant in the future depending on the availability of Landfill Gas and other factors in accordance with the terms of this Agreement.

6. Buyer will have a right of first refusal to purchase Expansion Plant Output, such right to be exercisable as provided in this Agreement.

NOW THEREFORE, in consideration of these premises and the mutual promises set forth below, Seller and Buyer agree as follows.

SANFRAN QOJ05 (2K)

← All documents from this meeting