ADX RENOVABLES is awarded the contract to supply 1.5 million kWh of electricity to the Rincón de la Victoria City Council.
▪ The contract has been awarded on a fixed-price basis for one year with the possibility of extending it for another year.
March 24, 2025.– Adx Renewables, Audax Renovables Group's marketing company has won the public tender launched by the Rincón de la Victoria (Málaga) City Council to supply electricity to all of its low-voltage feed points.
ADX Renovables was the energy company that submitted the best proposal, beating three other operators such as Endesa and Iberdrola, for 112 low-voltage supply points for the Rincón de la Victoria City Council, with the contract value amounting to more than €309,247.33 (VAT not included).
Under this agreement, ADX Renovables will supply 1.5 GWh/year of energy at a fixed price for one year, with the option of extending it for another year. This will ensure the Rincón de la Victoria City Council maintains stable electricity costs for the entire duration of the contract.
Marc Blasi, Country Manager of Audax Renovables in Spain, says: “We offer a high-quality energy service to public administrations as well as SMEs and large consumers. Our offer has been the highest rated considering not only the price, but also other aspects such as service capacity and speed of response.” “This new award is further proof that we are capable of providing a very reliable service with sophisticated products and competitive prices, all accompanied by our energy management systems, which makes us one of the energy tech more advanced in energy marketing,” he added.
About Audax Renewables
Founded in 2000, Audax Renovables is a vertically integrated energy group that generates 100 % renewable energy and supplies electricity and gas, with a presence in 9 countries.
The group currently has a portfolio of wind and photovoltaic parks in Spain, Portugal, Italy, France, Poland and Panama in operation, under construction and in different stages of development, totalling 1 GW. In its marketing activity, the group headed by José Elías Navarro supplies electricity and gas to more than 436,000 customers in Spain, Portugal, Italy, Germany, Poland, the Netherlands and Hungary.
Audax began trading on the Spanish secondary market in 2003, and in 2007 it made the leap to the continuous market, where it became part of the IBEX SMALL CAP® index in March 2020.
At the end of 2024, its market capitalisation exceeds 730 million euros, and it has a team of nearly 800 professionals.