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Consum agrees with Endesa the supply of renewable energy for 10 years

The company will provide 50% of the electricity demand of the supermarket chain.

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Consum agrees with Endesa the supply of renewable energy for 10 years

The company will provide 50% of the electricity demand of the supermarket chain.

Endesa and Consum have signed a long-term supply contract that includes a Power Purchase Agreement (PPA) that will provide totally renewable energy for the next 10 years to cover 50% of the electricity demand of the supermarket chain.

The long-term supply contract will enter into force on January 1, 2023 and consists of a 75 MW PPA block with a solar profile that will cover approximately 50% of Consum's electricity demand, equivalent to the consumption of almost 76,000 families. The solar energy will come from the portfolio of solar installations of Enel Green Power España, Endesa's renewables subsidiary. The remaining 50% will also be covered with renewable energy certified with Guarantees of Origin (GdO).

The contract gives Consum stability in covering the long-term energy needs of its nearly 500 own establishments, distributed throughout the Valencian Community, Catalonia, Murcia, Castilla-La Mancha, Andalusia and Aragon.

This agreement also guarantees that all of the Cooperative's electricity consumption will come from non-emitting sources, thus avoiding the emission of more than 66,000 tons of CO2 into the atmosphere per year, the equivalent of what 111,700 trees would absorb during a period of 40 years.

"This agreement with Endesa is very important for Consum, given our commitment to green energy, to reduce the environmental impact of our activity, but also to stabilize energy prices for the next decade," said the general manager of the Cooperative, Juan Luis Durich.

"The agreement consolidates Endesa's relationship with Consum, which dates back to 2014, and shows that we continue to work with our clients to find the solutions that best suit their needs in the current complex scenario of the energy markets," said the person in charge of corporate clients of Endesa in Iberia, Jaime López Soto.

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