Iberdrola signs 10-year PPA with Gonvarri Industries for 26,000 MWh/year

Key highlights
  • Iberdrola and Gonvarri Industries sign a 10-year PPA for 26,000 MWh/year covering eight production sites in four European countries.
  • The deal provides guarantees of origin for 100% of the facilities' electricity consumption.
  • Supply is 80% wind and 20% solar, supported by 15 MW of Iberdrola-installed capacity.

Agreement details

Gonvarri Industries and Iberdrola signed a 10-year power purchase agreement covering 26,000 MWh per year for eight production sites across four European countries, with guarantees of origin for 100% of the facilities' electricity consumption.

Energy mix and capacity

Supply under the PPA is 80% wind and 20% solar photovoltaic, supported by 15 MW of installed capacity from Iberdrola.

Operational impact

The contract secures a stable, European-sourced power supply to support electrification of production processes, improve energy efficiency and reduce the group's carbon footprint.