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Acciona signs contract to supply renewable energy to Repsol Polimeros in Portugal

Published 10 March 2017

Acciona has signed an agreement to supply renewable energy to Repsol Polimeros in Sines, Portugal.

The new contract is being hailed as the biggest contract till date for Acciona.

The operation, won in a tender by Acciona Green Energy Developments, consolidates the company’s trading of renewable energy to end customers in Portugal. This line of business was started by the company in 2015 and is expected to reach 276GWh supplied this year.

The contract with Repsol Polímeros covers the supply of 165GWh of electric power this year (from 1 January to 31 December).

This level of renewable energy will avoid the emission of 158,000 metric tons of CO2 to the atmosphere from conventional coal-fired power stations in the same period.

“We are very pleased to have won the contract with Repsol Polímeros, as it strengthens our position as a marketer in Portugal and allows us to supply renewable energy to one of the main petrochemical companies in the country”, says Santiago Gómez Ramos, Director of Acciona Green Energy Developments.

Acciona produces around 390 GWh of electricity of renewable origin a year in Portugal, a country that belongs – together with Spain – to the Iberian Electricity Market (MIBEL), which integrates the electric power systems of both countries.

This production comes from operational facilities in Portugal totaling 165.5MW, of which 119.7MW are from wind power (19 wind farms), with 45.8MWp from the photovoltaic plant at Amareleja (Moura). Among the customers supplied in Portugal are companies such as Roca, Hutchison and Salvesen.

Activity in Spain

In Spain, Acciona Green Energy has a large and diversified customer portfolio including companies such as Coca-Cola Iberian Partners, Inditex, Danone, General Mills, Kellog’s, Lily, the Calidalia group, Heinz, Merck, a number of hospitals in and around Madrid and some of the country’s main museums, among them the Prado, the Thyssen-Bornemisza and the Reina Sofía.

All the electricity marketed by the company is certified by the Spanish National Markets and Competition Commission as being of renewable origin from the company’s own plants and third-party plants represented by it.

Last year, the business line of electricity sales to end customers represented more than 4,800GWh in the Iberian Peninsula for Acciona Green – four times the figure recorded 5 years ago – with revenues of around 370m.

Together with this kind of bilateral contract, the company has carried out other major operations to sell renewable energy to corporate customers interested in reducing their carbon footprint. A good example is the recently signed contract with Google to supply the company’s offices and other premises in Chile.

Source: Company Press Release