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Iberdrola S A : signs a 10-year electricity supply agreement with Gonvarri Industries for its sites in four European countries
Iberdrola S A : signs a 10-year electricity supply agreement with Gonvarri Industries for its sites in four European
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[{"type":"text","content":"\n News\n \n 21.05.2026\n Iberdrola signs a 10-year electricity supply agreement with Gonvarri Industries for its sites in four European countries\n PPAsGo to Tab PhotosGo to Tab Photos\n The electricity supplied will come 80% from wind farms and 20% from solar photovoltaic installations.\n \n Iberdrola signs a 10-year electricity supply agreement with Gonvarri Industries for its sites in four European countries [PDF] \n \n The Power Purchase Agreement (PPA) signed provides for 26,000 MWh per year for eight production sites belonging to the multinational specialising in metal solutions for a more sustainable future \n \n \n This partnership demonstrates both companies' commitment to a more competitive and sustainable production model, based on a reliable and secure supply of European-sourced energy at stable prices, which contributes to decarbonisation \n \n Gonvarri Industries and Iberdrola are giving new impetus to the electrification of industry in Europe with the signing of a 10-year renewable energy purchase agreement (Power Purchase Agreement or PPA), covering 26,000 MWh of electricity annually, linked to eight production centres of the multinational specialising in metal solutions for a more sustainable future, located in four European countries, as well as the acquisition of guarantees of origin for 100% of these facilities' electricity consumption.\n \n \n This collaboration highlights the value of such contracts in moving towards a more competitive and sustainable production model, thanks to the guarantee of a reliable and secure supply of European origin at stable and predictable prices, which contributes to the decarbonisation of the production sector.\n \n \n 80% of the electricity supplied comes from wind farms and 20% from solar photovoltaic installations, with guarantees of origin, and is supported by an installed capacity of 15 MW from Iberdrola.\n \n \n Thanks to this agreement, Gonvarri Industries reinforces its commitment to electrification and the use of renewable energy in its European operations, ensuring a stable and competitive supply that helps improve energy efficiency and reduce the group's carbon footprint.\n \n \n For Iberdrola, the partnership consolidates its position as a leading partner to the European industrial sector and expands its portfolio of long-term supply contracts. Europe's leading el...