STDC-PROC-0126 - Electrical Infrastructure Joint Venture

Tender description

STDC is undertaking a procurement (on behalf of itself, its subsidiaries and affiliates (both current and future), South Tees Site Company and Tees Valley Combined Authority) using the competitive dialogue procedure to select a strategic partner to to fund, develop, operate and maintain a high voltage electricity network across the South Tees site. The project will involve the creation of a 50:50 joint venture between a subsidiary of STDC and the strategic partner. The strategic partner shall underwrite all funding required to deliver electrical infrastructure across the site. As part of the project, STDC intends to also consider the option for an electricity retail service through the purchase of power from a licensed electricity supplier and the resale of that electricity to the site customers and the supply of electricity to South Tees Site Company. Keywords: High Voltage, Electricity Distribution, Utilities, Power Lines, Substation