SEWER AUTHORITY MID-COASTSIDE Board Meeting Agenda April 2026
Authority Sought to Negotiate Solar PPA with Coldwell
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Description
SAM is considering authorizing its General Manager to finalize negotiation of a 25-year solar and battery power purchase agreement with Coldwell Energy, targeting execution before federal incentive deadlines and subject to later Board approval with completed CEQA.
Contract Details
Contract Amount
Year 1 PPA payment $99,560 (modeled)
Vendor
COLDWELL ENERGY
Agency
Sewer Authority Mid-Coastside, CA
Contract Type
OTHER
Document Date
April 13, 2026
Contract Term
25 years
Renewal Info
Proposed PPA would run for 25 years with 3% annual payment escalation; any renewal or extension beyond that term would require future Board approval and is not yet defined.
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