Saint-Gobain, Endesa sign PPA for Spanish renewable energy

Saint-Gobain and Endesa have signed an 11-year Power Purchase Agreement (PPA). This agreement will begin in 2024 and will cover approximately 55% of Saint-electricity Gobain's demand in Spain. The power will come from Endesa's renewable portfolio of wind, solar and hydroelectric plants.

Under the terms of the deal, Endesa will supply Saint-Gobain with 150 GWh of renewable energy annually, which is equivalent to the annual supply of renewable energy to about 43,000 Spanish residences. It reduces CO2 emissions by approximately 39,000 tons per year.