Spanish utility Iberdrola SA (<a href="https://www.bolsasymercados.es/bme-exchange/es/Mercados-y-Cotizaciones/Acciones/Mercado-Continuo/Ficha/Iberdrola-ES0144580Y14" target="_blank">BME:IBE</a>) has signed a power purchase agreement (PPA) to supply 100% renewable electricity to the Honda Motor Co Ltd (<a href="https://www2.jpx.co.jp/tseHpFront/StockSearch.do?callJorEFlg=1&method=topsearch&topSearchStr=7267" target="_blank">TYO:7267</a>) subsidiary in Mexico.