PURCHASE AND REDEVELOPMENT PROCEDURE
Enel, in accordance with the Open Power philosophy and within the Futur-e project, will launch a purchase and redevelopment procedure aimed to select proposals for the purchase and redevelopment of its thermal power plant located in Trino (Vercelli).
The Procedure is divided into two phases:
- Expression of Interest;
- Due diligence, survey, project proposal and site binding purchase offer.
The two phases of the Procedure will be presented in detail in the document “Call for expressions of interest for the redevelopment and purchase of the Combined Cycle Thermal Power Plant situated in Trino Vercellese, Province of Vercelli, owned by Enel” published on this website.
The expressions of interest must be received by 22 December 2016 at h 12:00 pm and are subject to a fit assessment as to whether the persons considered suitable for admission to the second phase of the Procedure for the presentation of the project proposals meet the requirements. Following the assessment, Enel will notify the admission to the second phase of the Procedure for the presentation of project ideas and corresponding binding site purchase offers to the persons who are deemed qualified.
The proposed project proposals will be subject to a fit assessment taking into account the requirements established in the Procedure aiming at enhancing the innovative and sustainable projects under a social, economic and environmental viewpoint, with a special focus on the opportunities and needs of the local community.
The impartiality and quality of the jury will be guaranteed by the presence in it of Milan Polytechnic representatives, while local needs will be present through representatives of local authorities.
Following the selection of the project ideas Enel will start negotiation with the persons who have submitted the relevant binding site purchase offers in order to achieve the sale of the Plant area.