Recognition for Electrification Efforts
Iberdrola has been awarded the Bayer Procurement Decarbonisation Accelerator Award for its role in promoting industrial electrification. This recognition highlights Iberdrola's innovative solutions that contribute to sustainability and emissions reduction, aligning with European decarbonisation targets.
Key Agreements and Milestones
A significant achievement is the long-term power purchase agreement (PPA) between Iberdrola and Bayer, marking a milestone in the pharmaceutical industry in Spain. This agreement is part of a broader strategy to electrify and decarbonise Bayer's processes.
Strategic Initiatives in Spain
In addition to the PPA, Iberdrola and Bayer have strengthened their partnership with a pioneering heat purchase agreement in Spain. This initiative will see Iberdrola electrify Bayer's plant in La Felguera, Asturias, where all the acetylsalicylic acid used for aspirin production is manufactured.
