New Build Facility definition
Examples of New Build Facility in a sentence
For all other Facilities, insert “N/A”] Facility Type (Load, Generator, or Energy Storage) Fuel Type Nameplate Capacity (MW) Facility Status, as of Contract Date (New Build Facility or Existing Facility) Local Jurisdiction(s) of the Contract Facility, in respect of a New Build Facility [Note to Finalization – To be inserted for New Build Facilities only.
For all other Facilities, insert “N/A”] Proposed Connection Location, in respect of a New Build Facility [Note to Finalization – To be inserted for New Build Facilities only.
As pertains to Flexibility Services that require a New Build Facility, Seller is required to post and maintain Development Period Security and Operating Period Security based on the requirements of this Article 9 (Credit Assurance and Security).