Soliciting interest to invest in Coillte’s portfolio of recently commissioned operating wind farms

Coillte CGA

Coillte CGA is inviting potential investors to bring forward proposals for:
A— the acquisition of the majority of the equity of Coillte’s share of 4 operating wind farms, in total reflecting 104 MW on a net equity basis (240 MW gross) of operating capacity, and
B— the potential future acquisition of 2 projects currently in final planning review, representing 67.5 MW on a net equity ownership basis (90 MW gross), upon achieving either financial close or commercial operations.
Coillte reserves the right to omit B above from the opportunity at its discretion.
To facilitate the investor’s future oversight of the projects, Coillte is willing to provide certain asset management services to the investor on a cost-efficient basis, if required.
Please find attached a summary document which provides further details on the opportunity and instruction to interested parties.

Deadline

The time limit for receipt of tenders was 2018-04-23. The procurement was published on 2018-03-23.

Who? What? Where?
Procurement history
Date Document
2018-03-23 Contract notice
Contract notice (2018-03-23)
Object
Scope of the procurement
Title: Wind farm
Short description:
Coillte CGA is inviting potential investors to bring forward proposals for: A— the acquisition of the majority of the equity of Coillte’s share of 4 operating wind farms, in total reflecting 104 MW on a net equity basis (240 MW gross) of operating capacity, and B— the potential future acquisition of 2 projects currently in final planning review, representing 67.5 MW on a net equity ownership basis (90 MW gross), upon achieving either financial close or commercial operations. Coillte reserves the right to omit B above from the opportunity at its discretion. To facilitate the investor’s future oversight of the projects, Coillte is willing to provide certain asset management services to the investor on a cost-efficient basis, if required. Please find attached a summary document which provides further details on the opportunity and instruction to interested parties.
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Notice metadata
Original language: English 🗣️
Document type: Contract notice
Nature of contract: Supplies
Regulation: European Union
Common procurement vocabulary (CPV)
Code: Wind farm 📦
Additional CPV: Wind farm 📦
Place of performance
NUTS region: Éire/Ireland 🏙️

Procedure
Procedure type: Negotiated procedure
Type of bid: Submission for all lots
Award criteria
Lowest price

Contracting authority
Identity
Country: Ireland 🇮🇪
Awarding authority type: Utilities entity
Awarding authority name: Coillte CGA
Postal address: Newtownmountkennedy
Postal code: Co Wicklow
Postal town: Wicklow
Contact
Internet address: http://www.coillte.ie 🌏
E-mail: sarah.toye@coillte.ie 📧
Phone: +353 12011111 📞
Fax: +353 12011199 📠
URL for documents: http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=126196&B=ETENDERS_SIMPLE 🌏

Reference
Dates
Date dispatched: 2018-03-23 📅
Submission deadline: 2018-04-23 📅
Publication date: 2018-03-24 📅
Start date: 2018-08-31 📅
Identifiers
Notice number: 2018/S 059-131062
OJ-S issue: 59
Additional information
Please note that Coillte CGA is advertising this notice on a non-mandatory basis as this opportunity is not subject to the Utilities Directive 2014/25/EU or domestic legislation implementing that directive.

Object
Scope of the procurement
Short description:
Coillte CGA is inviting potential investors to bring forward proposals for:
A— the acquisition of the majority of the equity of Coillte’s share of 4 operating wind farms, in total reflecting 104 MW on a net equity basis (240 MW gross) of operating capacity, and
B— the potential future acquisition of 2 projects currently in final planning review, representing 67.5 MW on a net equity ownership basis (90 MW gross), upon achieving either financial close or commercial operations.
Coillte reserves the right to omit B above from the opportunity at its discretion.
To facilitate the investor’s future oversight of the projects, Coillte is willing to provide certain asset management services to the investor on a cost-efficient basis, if required.
Please find attached a summary document which provides further details on the opportunity and instruction to interested parties.
Estimated total value: 1 EUR 💰
Estimated value excluding VAT: 1 EUR 💰
Additional information:
Please note that Coillte CGA is advertising this notice on a non-mandatory basis as this opportunity is not subject to the Utilities Directive 2014/25/EU or domestic legislation implementing that directive.
Place of performance
Main site or place of performance: Ireland.

Legal, economic, financial and technical information
Conditions for participation
Suitability to pursue the professional activity:
Entry to the next stage of the process is conditional on provision of a non-disclosure agreement as set out in section VI.3 of this notice. Further fit and suitability criteria may be set out in further stages of the process.
Economic and financial standing:
Entry to the next stage of the process is conditional on provision of a non-disclosure agreement as set out in section VI.3 of this notice. Further fit and suitability criteria may be set out in further stages of the process.
Technical and professional ability:
Entry to the next stage of the process is conditional on provision of a non-disclosure agreement as set out in section VI.3 of this notice. Further fit and suitability criteria may be set out in further stages of the process.

Procedure
Time of receipt of tenders: 15:00
Languages in which tenders or requests to participate may be submitted: English 🗣️

Contracting authority
Identity
National registration number: N/a
Contact
Contact point: Sarah Toye
Internet address: www.coillte.ie 🌏
Address of the buyer profile: https://irl.eu-supply.com/ctm/Company/CompanyInformation/Index/159 🌏
Documents URL: http://irl.eu-supply.com/app/rfq/rwlentrance_s.asp?PID=126196&B=ETENDERS_SIMPLE 🌏

Reference
Additional information
This asset purchase opportunity is being advertised on a non-mandatory basis and is not subject to the Utilities Directive 2014/25/EU or domestic legislation implementing that directive.
Parties with a potential interest in engaging with this opportunity are asked to contact Coillte’s financial advisors, IBI corporate finance and capricorn real assets (contact details on the attached summary document) to set out their interest in the process and provide their contact details. Respondents will then be provided with a non-disclosure agreement and the introduction to the investment opportunity which will set out more detail on the opportunity.
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The executed non-disclosure agreement must be returned to Coillte’s financial advisors by the deadline set out in section IV.2.2 of the Notice, and the return of a satisfactory non-disclosure agreement shall be deemed to be a request to participate in the next stage of the process.
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Interested parties should also note that this opportunity is not a supply contract, notwithstanding the response to section II.1.3. In addition, the value of the opportunity is not as set out in section II.1.5, which is completed only because it is a mandatory field.
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With regard to section II.2.5 “Award Criteria”, Coillte is seeking value-maximising proposals in relation to the opportunity.
In relation to section I.3 please note that any communication in relation to this opportunity should be directed to Coillte's financial advisors as per the summary document attached and not the address outlined in section I.1.
Despite the reference to the “negotiated procedure with prior call for competition” in section IV.1.1 of this notice, interested parties are reminded that this asset purchase opportunity is not subject to the Utilities Directive 2014/24 or its implementing legislation. Coillte therefore reserves the right to conduct this procedure without reference to the detailed utilities directive provisions governing the negotiated procedure.
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Complementary information
Review body
Name: High Court
Postal address: Inns Quay
Postal town: Dublin
Postal code: 7
Country: Ireland 🇮🇪
Source: OJS 2018/S 059-131062 (2018-03-23)
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