(CercleFinance.com) – Saint-Gobain announces this evening that it has signed a power purchase agreement (PPA) with Endesa, the leading energy supplier in Spain.
This 11-year agreement will come into effect in 2024, and will cover approximately 55% of Saint-Gobain’s electricity needs in
Spain.
The electricity supplied by Endesa will be generated by its wind, solar and hydroelectric sites.
Under this agreement, Endesa will supply Saint-Gobain with 150 GWh of renewable energy per year, reducing CO2 emissions by nearly 39,000 tonnes per year, Saint-Gobain points out.