The European Federation of Energy Traders (EFET) corporate PPA (CPPA) represents the first cross-country standard CPPA for Europe. It helps to reduce transaction costs and facilitate the negotiation process between the parties involved. Before its endorsement by the EFET Legal Committee, the standard CPPA had been widely circulated across the industry and a number of lenders have confirmed its bankability.
The standard EFET CPPA allows for both physical and financial PPAs with the proven Election Sheet* approach allowing for flexible tailoring of the PPA to the needs of the companies involved.
* All amendments of the standard text should be made in the Electoral List and not in the main text of the General Agreement.
Expect translation of the standard contract used as CPPA into Bulgarian!