Capstone Infrastructure Corporation (“Capstone”) is a Canadian
independent power producer, that develops, owns and operates 23 clean
energy facilities including wind, hydro, solar, biomass, and natural gas
Capstone is pleased to announce a Request for Expressions of Interest (REOI)
from interested site owners that seek a contracted combined heat and power
(CHP) solution on a design, build, own, operate and maintain basis.
Under this EOI, interested site owners will submit technical information about their facility and the envisioned
CHP plant, including their desired goals and objectives for cost savings and reliability, which will be assessed by
Capstone. Site owners whose projects are deemed feasible by Capstone may be contacted for negotiation of a
A subsidiary of Capstone will arrange for financing for the project and will own and operate the assets and
hold the long term power purchase contract. Additional team members (engineering, construction, equipment
manufacturers, etc.) will be determined once project details are finalized.
This EOI is focused on those sites that have already completed some level of due diligence in the form of data
gathering, planning or assessment. The list of prerequisite information can be found below. A candidate must
provide all the information required before Capstone will assess a site’s feasibility.
Non-Binding Expression of Interest
This is a request for the submission of an expression of intent only, and does not set forth all of the matters upon which agreement must be reached in order for the proposed transactions to
be consummated. The respective rights and obligations of each party will remain to be defined in definitive legal agreements and related documents (the terms and provisions of which will be
subject to approval by both parties), and the parties do not intend to be legally bound or otherwise to incur any obligations with respect to the proposed transactions, submissions, discussions,
or correspondence until such time, if ever, as the definitive legal agreements and related documents are executed and delivered. Accordingly, this request for EOIs does not constitute a legally
binding document and does not create any legal obligations on the part of, or any rights in favor of Capstone, its affiliates, or any other party.
1. Site host to provide a narrative that describes:
a. the site, current conditions and detailed description
of the existing energy system;
b. growth plans for their energy system and future
c. CHP goals and objectives and impact the project
will have to the site;
d. critical requirements;
e. barriers and enablers to the project;
f. equipment/technology preferences and
g. declaration of support from critical stakeholders.
2. Success Criteria: the site host must clearly define the
criteria under which they will accept a PPA. For example,
the solution must reduce energy costs by XX%, improve
reliability by YY% and reduce emissions by ZZ%, etc.
3. Provide at least 2-years of site gas and electric bills.
4. Verify how much NG is used for thermal generation -
broken down by power, steam and hot water.
Request for Expressions of Interest
Combined Heat and Power
5. Verify how much electricity and NG is used for chilled
water and absorption cooling.
6. Confirm if the site generates their own steam/
hot-water or buys it from a 3rd party. Define quantity
7. Provide electric, thermal and cooling loads for 2 years.
This must include enough information to understand
8. Confirm that there is space on site to install the
equipment or have identified a nearby location.
9. Provide site plan drawing with proposed install
location and interconnection points (gas, electrical,
steam, hot water, chilled water).
10. Provide initial environmental assessment to
include expected permit and approval requirements
(air, wetlands, endangered species, etc.).
11. Provide proof of financial stability. (Credit rating
or audited financial statements)
Submit all EOI documents as a PDF to: