February 17 (Renewables Now) – Spanish electrical utility Endesa SA (BME:ELE) mentioned on Thursday that it has signed a ten-year settlement to produce renewable power to beer and drinks producer Mahou San Miguel to allow its services in Spain to completely meet their annual wants for electrical energy.
The contract consists in a part of a long-term energy buy settlement (PPA) tied to a photo voltaic farm that Endesa renewables unit Enel Inexperienced Energy Espana lately commissioned within the Spanish province of Badajoz. The PPA, operating since January 1, will assist the brewer meet 25% of its whole energy consumption, Endesa mentioned.
The second a part of the settlement will be sure that Mahou San Miguel covers 75% of its annual wants for energy with a provide of electrical energy with ensures of renewable origin. This a part of the settlement consists of advisory providers that Endesa will present to allow the client obtain aggressive costs, the utility mentioned.
The entire settlement will assist Mahou San Miguel’s a number of breweries and mineral water bottling vegetation in Spain, and its headquarters in Madrid run on renewable energy, the press assertion reads.