Iberdrola Spain and Tubos Reunidos sign a power purchase agreement (PPA)

Iberdrola España, a subsidiary of the Iberdrola Group in Spain, and Tubos Reunidos Group, a group specializing in the manufacture of seamless steel tubes, have signed a long-term power purchase agreement (PPA) for their production centers in Álava and Vizcaya. Under this agreement, Iberdrola Spain will supply a total of 120 GWh of renewable energy during the term of the contract from around 10 MW of its solar photovoltaic portfolio, thus consolidating the collaboration between the two companies, which already included the supply of clean energy with guarantees of origin.

This agreement highlights Iberdrola's role in the electrification of industry, enabling Tubos Reunidos Group to continue adopting and developing innovative and sustainable solutions for the manufacture of seamless steel tubes, and will help its customers meet their goals of reducing the carbon footprint associated with their end products.

You can read the full story in the Iberdrola Spain press room.