Iberdrola Spain expands its alliance with Mercadona

Iberdrola Spain, Iberdrola's subsidiary in the country, and Mercadona have expanded their alliance with the signing of long-term power purchase agreements (PPAs) for more than 300 MW, associated with wind and solar assets, for the supermarket chain's logistics centres and supermarkets.

Both companies have been working for years to advance the electrification of their services. In fact, Iberdrola is responsible for the supply, commissioning and operation of up to 3,500 charging points in 800 supermarkets in Spain and Portugal. The addition of these new charging points for electric vehicles represents a significant step forward in the expansion of the public charging network.

Iberdrola has extensive experience in PPAs. The company manages power purchase agreements in Spain, Portugal, Germany, Italy, the United Kingdom, the United States, Brazil, Mexico and Australia for onshore and offshore wind and photovoltaic projects. Europe's leading electricity company by market capitalisation and the world's second largest, it has been offering innovative PPA proposals for more than a decade.

Iberdrola has announced agreements with major companies such as Amazon, with which it has signed wind and solar power PPAs in Spain, Portugal and the United Kingdom for the East Anglia Three offshore wind farm. It has also signed agreements with other global customers such as Google, Bayer, BP, Telefónica and Salzgitter, as well as local customers.