Jul 31, 2025
Iberdrola España has entered into power purchase agreements (PPAs) for 300MW of renewable energy with Mercadona.
Iberdrola España, the Spanish division of the Iberdrola Group, has enhanced its collaboration with the supermarket chain Mercadona by establishing renewable power purchase agreements (PPAs) totaling over 300MW. These agreements, linked to wind and solar initiatives, will provide clean energy to Mercadona’s logistics centres and supermarkets throughout Spain.
For over two decades, Iberdrola España has been the reliable energy supplier for Mercadona’s extensive network. This new agreement will further aid in the economy's decarbonisation via a long-term PPA.
The partnership goes beyond electricity provision, as Iberdrola will supply, install, commission, and manage up to 3,500 electric vehicle charging points at 800 supermarkets in Spain and Portugal. This initiative represents a significant boost in accessible public electric vehicle charging infrastructure.
David Martinez, Iberdrola Spain's director of clients, noted that Iberdrola España has been working for years to enhance partnerships that promote electrification as an efficient solution for businesses. Collaborations like the one with Mercadona are vital for the ongoing development of a renewable electricity mix, and the PPA is an ideal option for customers seeking to electrify, ensuring stable long-term renewable energy consumption at fixed prices.
Iberdrola Group is well-known for its expertise in managing PPAs globally, including regions such as Australia, Brazil, Germany, Italy, Mexico, Portugal, Spain, the UK, and the US, particularly in onshore/offshore wind farms and photovoltaic (PV) projects.
Additionally, the Iberdrola Group has formed partnerships with major corporations like Amazon through wind and PV PPAs in various countries, including Spain, Portugal, and the UK, as well as with other significant clients such as Bayer, BP, Telefónica, and Salzgitter, alongside local enterprises.
Mercadona's energy director, Adolfo Ortiz, remarked that this agreement advances their strategy to secure energy at a stable and competitive price, reducing the impact of electricity market fluctuations on their budget while reaffirming their commitment to renewable and eco-friendly energy sources.
In July 2025, Iberdrola raised €5bn ($5.8bn) to fund its investments in electricity grids in the US and the UK.
For over two decades, Iberdrola España has been the reliable energy supplier for Mercadona’s extensive network. This new agreement will further aid in the economy's decarbonisation via a long-term PPA.
The partnership goes beyond electricity provision, as Iberdrola will supply, install, commission, and manage up to 3,500 electric vehicle charging points at 800 supermarkets in Spain and Portugal. This initiative represents a significant boost in accessible public electric vehicle charging infrastructure.
David Martinez, Iberdrola Spain's director of clients, noted that Iberdrola España has been working for years to enhance partnerships that promote electrification as an efficient solution for businesses. Collaborations like the one with Mercadona are vital for the ongoing development of a renewable electricity mix, and the PPA is an ideal option for customers seeking to electrify, ensuring stable long-term renewable energy consumption at fixed prices.
Iberdrola Group is well-known for its expertise in managing PPAs globally, including regions such as Australia, Brazil, Germany, Italy, Mexico, Portugal, Spain, the UK, and the US, particularly in onshore/offshore wind farms and photovoltaic (PV) projects.
Additionally, the Iberdrola Group has formed partnerships with major corporations like Amazon through wind and PV PPAs in various countries, including Spain, Portugal, and the UK, as well as with other significant clients such as Bayer, BP, Telefónica, and Salzgitter, alongside local enterprises.
Mercadona's energy director, Adolfo Ortiz, remarked that this agreement advances their strategy to secure energy at a stable and competitive price, reducing the impact of electricity market fluctuations on their budget while reaffirming their commitment to renewable and eco-friendly energy sources.
In July 2025, Iberdrola raised €5bn ($5.8bn) to fund its investments in electricity grids in the US and the UK.