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Telefonica and Acciona sign Spanish renewable energy deal

Thursday 8 June 2017 | 14:55 CET | News

Telefonica has signed an electricity supply agreement with Spanish renewable energy and infrastructure conglomerate Acciona. Under the terms of the deal, Acciona will supply the bulk (71.6 percent) of the high-tension remote-metered power that Telefonica will consume in Spain next year. In a statement, the companies said the 430GWh of electricity supplied by Acciona will be 100 percent renewable and will cover 83 major locations, including data processing centres, offices and other Telefonica installations in Spain. The use of clean energy will prevent the emission of 413,000 tons of CO2 from coal-fired plants, added Telefonica.

The deal comes after Telefonica last week announced that it’s joining RE100, a global and collaborative initiative to substantially increase the demand for renewable energy, as part of a plan to be 100 percent renewable in its energy usage. The company said 44 percent of its electricity consumption the world over is already renewable, having doubled its use of renewable electric energy from 21 percent one year ago.


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