is capped by reference to a restricted percentage of the project’ s installed capacity. The identity of the buyer is also often restricted, as above, to an entity constituting an“ Eligible Client” or, in some jurisdictions, such as Togo, the grid operator. The various authorisations and concessions are granted by the relevant ministerial committees responsible for the state’ s energy sector.
For the sake of comprehensiveness, references are occasionally made to regimes with installed capacity thresholds that are likely too low to support the development of a CPP project.
While we have outlined some of the trends we are seeing as regulations develop, the details for each state vary, with some requiring further investigation with the relevant administration. It is therefore important to ensure that each CPP proposal is tailored and considered in line with the relevant state’ s particular legislation and restrictions.
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