Iberdrola, through its subsidiary Iberdrola España, announced that it has signed a new long-term power purchase agreement (PPA) with Burger King.
As per the agreement, the Spanish energy company will provide 1,500 gigawatt hours (GWh) of clean energy from the Francisco Pizarro photovoltaic (PV) plant, which has an installed capacity of 553 megawatts (MW).
The PV plant will provide renewable energy equivalent to the consumption of 334,400 households and reduce emissions by 150,000 tons of CO2 annually.
In addition, as part of their mutual objective to decrease CO2 emissions and achieve energy transition objectives, Iberdrola and bp pulse oversee 154 charging stations, with 306 available spaces, at 135 sites within Burger King’s primary facilities in Spain.
They also offer operational management and optimization services. In 2021, the two companies entered into a collaborative agreement to install electric vehicle (EV) charging stations at their eateries.
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David Martínez, Iberdrola España’s Director of Customer Business, said, “With this agreement, both companies endorse our commitment to a cleaner and smarter future. Renewables have proven their ability to supply energy at affordable and stable prices and long-term PPAs have become a useful tool for managing the electricity supply of large consumers committed to green and sustainable consumption. “
He added, “Such long-term agreements are increasingly important to enable progress in decarbonisation and sustainability of the economy.”
