Iberdrola and Gonvarri Industries sign a 10-year PPA for industrial decarbonization in Europe

 

 

 

The energy company Iberdrola and the multinational metal solutions company Gonvarri Industries have formalized a renewable energy purchase agreement (PPA) with a duration of 10 years in the MakingThis strategic contract ensures the supply of 26.000 MWh per year electricity to eight production centers Gonvarri in four countries of Europa, along with the guarantees of origin that certify its 100% renewable origin.

 

This alliance underscores the value of PPAs as a key tool for the decarbonization of the productive fabricBy guaranteeing a reliable supply of locally sourced European energy at stable and predictable prices, companies can move towards a more competitive and sustainable model, partially shielding themselves from the volatility of energy markets.

 

Key features of the PPA between Iberdrola and Gonvarri

 

The agreed electricity supply is based on an installed capacity of 15 MW of Iberdrola and comes in a 80% of wind farms and a 20% of photovoltaic solar installations. For Gonvarri IndustriesThis agreement represents a firm step in its electrification strategy, ensuring a supply that improves energy efficiency and significantly reduces the group's carbon footprint in its European operations.

 

Concept	Agreement Details
Type of contract	Power Purchase Agreement (PPA)
Duration	10 years in the Making
Annual Volume	26.000 MWh
Coverage	8 production centers in 4 countries of Europa
Energy Mix	80% wind, 20% solar photovoltaic
Installed Backup Capacity	15 MW (Iberdrola)

 

To IberdrolaThis agreement consolidates its position as a leading energy partner for the industrial sector in Europa. According to the report Pexapark Renewables Market Outlook 2026The company maintains its position for the third consecutive year. leadership in the European PPA marketIts portfolio of deals extends across key markets such as España, Portugal, Alemania, Italia, Reino Unido, Estados Unidos, Brasil y Australia.

 

Analysis of the managers

 

Josu CalvoCEO Gonvarri Industries, valued the impact of the agreement on the corporate strategy: “This agreement represents a significant step forward in our sustainability strategy, allowing us to boost the electrification of our production processes with renewable energy and advance in the decarbonization of our industrial activity.

 

For its part, David Martínez, Director of Customer Business at Iberdrola EspañaHe highlighted the role of these contracts in the sector's stability: “With alliances like this, we contribute to the stability and competitiveness of the industry by providing long-term certainty regarding a sustainable and secure energy supply. PPAs are a key instrument for strengthening investment and productive activity and advancing the electrification of the economy.”

 

Key points and frequently asked questions about industrial PPAs

 

What is a PPA and why is it relevant to an exporting company?

A PPA (Power Purchase Agreement) is a long-term energy purchase contract between a renewable energy generator and a consumer. For a Spanish exporting company, a PPA offers a crucial competitive advantage: stabilizes energy costs, one of the most volatile factors in the cost structure, allowing for more predictable and competitive prices in international markets.

 

What impact do these types of agreements have on Spanish industry as a whole?

Agreements such as the one Iberdrola y Gonvarri They act as a catalyst for the energy transition of the Spanish industrial sector. They encourage investment in new renewable energy plants, reduce dependence on imported fossil fuels, and improve the security of supply at a national level. Furthermore, they position the Spanish industry as a benchmark in sustainability (ESG), a factor that is increasingly valued in global supply chains.

 

How can Spanish companies access PPA contracts?

Spanish companies, especially large and medium-sized energy consumers (energy-intensive), can access PPAs by negotiating directly with large energy developers such as IberdrolaThere are also virtual or financial PPA options and aggregators that allow smaller companies to group together to access these contracts, thus democratizing the advantages of long-term renewable energy purchases.