Audax Renovables will supply 100% green electricity to Ibermutua

The listed Audax Renovables, one of the main operators in the national energy sector, has closed a contract with Ibermutua, Mutual Collaborated with Social Security No. 274, to supply electricity to all of its 116 healthcare centers. 

Ibermutua, which is a national mutual insurance company, began its management in 1926 and after the integration of several provincial and regional mutual insurance companies, today one of the first mutual insurance companies in Spain.

The 100% renewable electricity contract will have a duration of 42 months and will involve supplying a total of 29,500,000 KWh during this period.

The agreement incorporates the installation by Audax Renovables of electrical energy generation systems that allow Ibermutua's self-consumption from renewable energy, for which 30 KW of photovoltaic solar panels will be installed distributed in facilities located on the roofs of the buildings of Ibermutua.

Audax Renovables, a group that focuses its activity on the generation and marketing of renewable 100% energy, has long positioned itself as one of the most active energy operators in Spain. In addition to the large volume of electricity sold to large private sector consumers, recently awarded public contracts are added.

About Audax Renewables 
The Group is the result of the merger by absorption between Audax Renovables, SA and its parent company, Audax Energía, SA, giving rise to a comprehensive energy group with 100% renewable generation.

Audax focuses its activities on the generation of renewable 100% energy, as well as the supply of renewable 100% electricity and gas.
Founded in the year 2000, in 2003 Audax Renovables began to be listed on the secondary market of the Barcelona Stock Exchange and in 2007 it was listed on the SIBE of the Madrid Stock Exchange. Currently, it is listed on the Spanish Continuous Market under the name (ticker) ADX.MC, having been incorporated into the IBEX SMALL CAP® index on March 23, 2020.

We are the leading energy group in the SME segment in Spain, guaranteeing an efficient supply of marketed energy through a process of vertical integration with renewable generation activity, with a solid financial position, and prepared to lead the energy transition in the European market.
The Group manages a portfolio of generation projects in operation of 91 MW in wind farms in Spain, France and Poland, and 15 MWp photovoltaic in Spain. Additionally, it has 66 MW of wind power under construction in Panama. Likewise, it has a portfolio of photovoltaic projects under construction of 115 MWp and has a photovoltaic portfolio of 2,277 MW in different phases of development located in Spain, Portugal and Italy. 

Audax Renovables, in its activity of marketing renewable 100% electricity and gas, is present in Spain, Portugal, Italy, Germany, Poland, Holland and Hungary, adding more than 540 thousand clients.

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