Sidenor and Naturgy sign PPA for the supply of wind energy and solar power

The companies sign an electricity supply contract under the PPA modality with a supply equivalent to 350 GWh per year from solar and wind energy for 10 years.
The agreement reinforces Sidenor’s commitment to decarbonisation and the fight against climate change.

Sidenor and Naturgy have signed a renewable energy supply agreement. By virtue of this agreement, which will last for 10 years, Naturgy will supply Sidenor with electricity of 100% renewable origin for its production plants.

Sidenor will receive a supply for an energy equivalent to 350 GWh per year from renewable energy, solar and wind, in an agreement under the PPA modality (energy purchase agreement, for its acronym in English).

For Sidenor, this agreement represents a further step in the company’s commitment to the fight against climate change and to the decarbonization of its processes, through the use of green energy in its production facilities.

Naturgy is firmly convinced that renewable energies will play a very relevant role in the energy transition. The agreement signed with Sidenor, consolidates the commitment to growth in the sale of renewable energy nationally and internationally. This agreement joins those recently signed in Australia for the sale of renewable energy also under the PPA modality, a region in which it has become one of the two most important independent producers of wind energy in the country.

Sidenor is a leading industrial group in the production of special long steels. It has production centers in the Basque Country, Cantabria and Catalonia and has commercial delegations in Germany, France, Italy and the United Kingdom, where more than 1,500 people work.

The company is at the forefront of the sector thanks to its strong commitment to research. It has one of the largest R&D centers among European special steel producers, where it carries out technological developments for the creation of new products and for the optimization of its processes.