Gestamp and Iberdrola sign a ten-year PPA for the supply of clean energy to their European plants

 

Iberdrola y Gestamp They have signed a 10-year renewable energy power purchase agreement (PPA) to supply 660.000 MWh to European plants. The agreement aims to decarbonize automotive production and ensure energy price stability through the use of wind and solar power.

 

Sustainability and competitiveness in the automotive industry

 

The strategic alliance between Iberdrola y Gestamp It reflects the firm commitment of both corporations to a a safer, more efficient and more sustainable industrial modelThis agreement is based on the electrification of operations and the optimization of production processes on the European continent.

 

The energy purchase agreement (Power Purchase Agreement) covers an installed capacity of 34 MWThanks to this infrastructure, various plants will be supplied. Gestamp powered by 100% renewable energy, the technical composition of which is broken down into a 80% from wind power or with a 20% from solar sourcealways backed by certificates of origin guarantee.

 

To GestampFor this multinational company specializing in the design and manufacture of high-engineered metal components, this step is vital to ensure a fixed and competitive price in the long term. This strategy allows the company to obtain greater visibility of your energy costs future and make significant progress in decarbonizing the global automotive supply chain.

 

Key Concept	Agreement Details
Energy Partner	Iberdrola
Total Energy Volume	660.000 MWh
Contract Validity	10 years in the Making
Installed Capacity	34 MW
Renewable Mix	80% Wind / 20% Solar
Impact Spain (2026)	50 MW power / 1M MWh supplied

 

Leadership in the European PPA market

 

For its part, Iberdrola It consolidates its position as the leading European electricity company and a global benchmark in terms of market capitalization. The company has once again been recognized, for the third consecutive year, as the European market leader in power purchase agreements, according to the report. Pexapark Renewables Market Outlook 2026.

 

These long-term contracts are a cornerstone of the electric company's roadmap to promote stable alliances with large industrial clientsThe ultimate goal is to promote a self-sufficient and sustainable energy system that can respond to the increase in global demand.

 

In the specific area of ​​the automotive sector in Spain, Iberdrola During the current fiscal year 2026, it has formalized several agreements with a ten-year term. These operations cover an installed capacity of 50 MW and the total supply of one million MWh of clean energy.

 

Javier Imaz, Chief Purchasing Officer (CPO) of GestampHe emphasized that: "This agreement symbolizes a very important milestone for the company because it represents a further step in its efforts to implement more sustainable production processes, which are committed to electrification, energy efficiency and the use of renewable sources."

 

Likewise, David Martínez, Director of Customer Business at Iberdrola EspañaHe stated that: "This agreement reinforces our commitment to supporting industry in its transition to a more secure, competitive, and sustainable energy model. PPAs are a key tool for guaranteeing long-term supply to industries."

 

Key points and frequently asked questions about the Gestamp-Iberdrola agreement

 

What volume of renewable energy does the contract include?

The agreement includes the supply of 660.000 MWh of 100% renewable energy for a period of 10 years for the multinational's plants in Europe.

 

What is the source of the supplied energy?

The energy comes from an installed capacity of 34 MW, distributed across a 80% wind power generation or with a 20% of photovoltaic solar generation.

 

What benefits does this PPA bring to Gestamp?

It allows the company to ensure a fixed and competitive price of electricity, guaranteeing financial stability in the face of market volatility and advancing its decarbonization goals.