Iberdrola España expands its partnership with Mercadona with renewable energy purchase agreements (PPAs) for over 300 MW for the next decade
- Iberdrola España has been supplying energy to Mercadona's supermarkets and logistics centres for over twenty years
- The companies strengthen their collaboration through a long-term power purchase agreement (PPA) to support the decarbonisation of the economy
- This agreement positions both companies among the leaders in the European PPA market for 2025
Iberdrola España and Mercadona have expanded their partnership with the signing of long-term power purchase agreements (PPAs) for more than 300 MW, associated to wind and solar assets, for Mercadona's logistics centres and supermarkets.
Both companies have been working for years to advance the electrification of their services. The energy group is responsible for the supply, commissioning, and operation of up to 3,500 charging points at 800 supermarkets in Spain and Portugal. The addition of these new charging points for electric vehicles is a major step forward in the expansionof the public charging network.
David Martinez, Director of Clientes España at Iberdrola, said, ‘Iberdrola España has been working for years to increase its partnerships to promote electrification as the most efficient solution for businesses. Partnerships such as this one with Mercadona are essential to support the continued development of a renewable electricity mix. The PPA is the ideal tool for customers who want to electrify, because it ensures the consumption of renewable energy at a stable price over the long term’.
According to Adolfo Ortiz, Energy Director at Mercadona, ‘With this agreement, we are moving forward in our strategy to guarantee energy supply at a stable and competitive price, minimising the effects of electricity market volatility on our budget. We are also reinforcing our commitment by once again betting on renewable and environmentally friendly energies’.
Iberdrola Group, leader in PPAs
The Iberdrola Group, of which Iberdrola España is a part, has extensive experience in PPAs. The company manages energy purchase agreements in Spain, Portugal, Germany, Italy, the UK, the US, Brazil, Mexico, and Australia for onshore and offshore wind and photovoltaic projects. The leading European utility by market value and the second largest in the world has been offering innovative PPA solutions for over a decade.
Additionally, for the second consecutive year, the Iberdrola Group has been confirmed as the leader in the European PPA market, according to the Pexapark Renewables Market Outlook 2025 report, with 1,251 MW contracted in 2024, a 38% increase compared to 2023.
The Iberdrola Group has announced agreements with major companies such as Amazon, with which it has signed wind and photovoltaic PPAs in Spain, Portugal, and the UK for the East Anglia Three offshore wind farm. Additionally, it has signed agreements with other global clients such as Bayer, BP, Telefónica, Salzgitter, as well as local clients.
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