Naturgy and Gestamp Sign PPA in Spain

The companies sign an agreement that includes a long-term Power Purchase Agreement (PPA) with a supply of energy equivalent to 203 GWh per year from solar and wind sources valid for 10 years.

Naturgy has signed an agreement with Gestamp in order to secure the consumption of renewable energy in Spain. The agreement will ensure that from 2022 onwards, all the Group´s productive facilities and R&D centers in Spain will operate with 100% renewable energy. The Company becomes the first in the automotive sector in Spain to operate with electricity generated entirely from renewable sources. Specifically, Gestamp will receive a supply of energy equivalent to 203 GWh per year from solar and wind sources, in an agreement that includes a long-term Power Purchase... ... More: Official Press Release Naturgy

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Naturgy, Gestamp, Spain, PPA, solar, wind, electricity, power, R&D, long term, center, low carbon