Saint-Gobain: agreement to purchase green energy in Spain


(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.

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