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

The listed Audax Renovables, one of the main operators in the national energy sector, has won the public tender called by the University of Burgos to supply electricity to all of its buildings for their high and low voltage supplies. 

Audax Renovables has been the energy company that has presented the best offer for electrical energy and has consequently been awarded the free market contract. The agreement to supply more than 5.5 million KWh of electricity begins on April 28, 2021 and is an essential supply for the University to carry out its activity. If the 1-year extension considered in the contract is executed, the amount supplied would exceed 1.7 million euros. 

Audax Renovables will not limit itself to supplying electricity, it will also analyze the contracted capacities of each of the supply points to identify the optimal power to contract and thus contribute to the reduction of the University's energy costs.

The contest has had an unusual turnout, with up to 13 electricity marketers participating, among which Endesa, Gas Natural, EdP and Iberdrola stand out, but it has been Audax Renovables that has been the best valued by the University and has consequently been awarded the contract. .

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 an energy group whose activities focus on the production of renewable energy 100%, as well as the supply of electricity 100% renewable 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 44 MWp and has a photovoltaic portfolio of 2,282 MWp 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 515 thousand customers and 10.5 TWh supplied in 2020.

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