Audax Renovables will supply 100% renewable electricity to the Public University of Navarra

The listed Audax Renovables has been awarded the three lots that were put out to tender and, consequently, will supply the Public University of Navarra with more than 9,000,000 KWh of renewable 100% electrical energy for a contract amount of around one million euros. . 

Audax Renovables, which is one of the main operators in the national energy sector, adds this contract to those recently awarded to other universities, such as the University of Burgos and the University of León.

For the University, this is an essential supply so that it can develop its activity and Audax Renovables will also help the University to further optimize the contract, advising on the optimization of the contracted powers, making this support of special interest coinciding with the start of the contract. with the entry of Circular 3/2020, of January 15, of the National Commission of Markets and Competition, which establishes the methodology for calculating electricity transportation and distribution tolls and which represents one of the most far-reaching regulatory changes in recent years in the electricity sector.

The contest has had an unusual turnout, with up to 12 electricity marketers participating, among which Endesa, Gas Natural, EdP and Iberdrola stand out, but it has been Audax Renovables who has guaranteed the best price for renewable 100% energy for the University and in Consequently, the contract has been awarded.

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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