ADX RENOVABLES is awarded the contract to supply 2.5 million kWh of electricity to the Corvera de Asturias 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 10, 2025.– Adx Renewables, Audax Renovables Group's marketing company has won the public tender called by the Corvera de Asturias City Council to supply electricity to all of its low-voltage power points.
ADX Renovables was the energy company that submitted the best proposal, beating operators such as Comercializadora de energía y gas del Mediterráneo SL and Iberdrola, for the 213 low-voltage supply points of the Corvera de Asturias City Council, raising the value of the contract to more than 313,891.18 euros (VAT not included).
Through this agreement, ADX Renovables will supply 2.5 GWh/year of energy, with 251 TP3T of the energy supplied being of renewable origin, thus reinforcing the commitment that the City Council of Corvera de Asturias has with the environment and with renewable and sustainable energies.
The contract has been awarded on a fixed-price basis for one year with the possibility of extending it for another year. With this product, the Corvera de Asturias City Council ensures stability in the cost of electricity in the face of the uncertainty of the possible ups and downs that the futures market may experience.
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 best 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 most advanced energy tech companies in energy marketing,” he adds.
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.
More information at www.adxenergia.es
