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to-the-point: Catalonia’s GXS Energia signs PPAs with 10 companies

Solar panels in Spain. Author: Jordi Domènech i Arnau. License: Creative Commons, Attribution-ShareAlike 2.0 Generic.

February 6 (Renewables Now) – Catalan electricity provider GXS Energia signed last week power purchase agreements (PPAs) with ten local companies for the supply of a total of 100 million kWh over the course of 11 years, Spanish media reported.

GXS Energia’s electricity will come from a photovoltaic (PV) plant outside of Catalonia belonging to a company linked to the provider. The PPAs will bring in an estimated EUR 180 million (USD 205.1m).

Components manufacturer Ames Group Sintering SA, cleaning products maker BlueSun and produce wholesaler Grans del Llucanes are among the buyers.

(EUR 1.0 = USD 1.14)

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Sladjana is the newest addition to the Renewables Now team. She has significant experience as a Spain-focused business news reporter and is now diving deeper into the global renewable energy industry.

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