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The London Borough of Camden (LBC) is proposing to develop a prototype solution to install rooftop solar PV generation and battery energy storage systems (BESS) to generate, store and optimise power usage at properties. The solution will develop a billing platform to provide residents with discounted energy bills and paying back the investor. The billing platform, payback mechanism and associated legal and financing structures are bespoke to the prototype. It is envisaged that the project will comprise an Energy Services Agreement (ESA) with a Special Purpose Vehicle (ESCo) and a number of supporting and ancillary contractual arrangements for the development of the prototype solution (including initial appointments for development services prior to entering into the ESA and other main project documents).
| Supplier | Identifier | Award Value | Lots Won | Cross-References |
|---|---|---|---|---|
| LEGAL AND GENERAL ASSURANCE SOCIETY LIMITED | AC000013 | ~£110,000,000 estimated from lot values | 1 lot Lot 1 | - |
| Sero Life Limited | 12497340 | ~£110,000,000 estimated from lot values | 1 lot Lot 1 | - |
This procurement was divided into 1 lots, each awarded separately.
| Lot | Value | Awarded To | Status |
|---|---|---|---|
| Lot 1 | - | LEGAL AND GENERAL ASSURANCE SOCIETY LIMITED Sero Life Limited | pending |
Government spending data: These suppliers have received £70,440,151 in 291 payments (over £25k) from HMRC, BEIS, Cabinet Office, FCDO, Department for Transport and 2 more public bodies (2012-09-03 to 2026-03-20).