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Board approves amendment to SDG&E voluntary allocation (VAMO) to extend delivery term through longest underlying contract
Summary
The board approved an amendment to the voluntary allocation market offer (VAMO) agreement with SDG&E to extend the delivery term to match the longest underlying power purchase agreement in the portfolio (through about 2042 for some assets); pricing and assets remain unchanged.
The board approved a first amendment to the voluntary allocation market offer (VAMO) with San Diego Gas & Electric (SDG&E) that extends the delivery term for renewable attribute allocations to match the longest underlying power purchase agreement in SDG&E’s portfolio.
Staff said the original VAMO delivery term had been set to end on Dec. 31, 2033, but…
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