Audax Renovables wins the public tender to supply natural gas to the Madrid Science Park
Audax Renovables will supply nearly 1,000,000 KWh of natural gas in one year.
The scientific institution has opted for a gas product indexed to the TTF (Title Transfer Facility).
Audax Renovables (ADX.MC), a vertically integrated Spanish energy group that generates and supplies 100% renewable electricity and gas to customers in 7 countries, has won the public tender to supply natural gas to the Madrid Science Park for one year.
In this way, Audax Renovables has been the energy company that has presented the best offer and has been awarded the contract to supply nearly 1,000,000 KWh of natural gas in a single year, an essential supply so that the Madrid Science Park can develop your activity.
Given the current situation of volatility in the energy markets and the corresponding difficulty in setting a base budget for the tender, more and more public administrations are opting for contracting formulas in modalities indexed to the spot market. This has been the case of the Madrid Science Park, which has opted for a gas product indexed to the TTF (Title Transfer Facility), which is the gas price index in the Dutch spot market. In this way, Audax Renovables will supply the entire gas demand of the Science Park, ensuring the price of the gas molecule quoted each day on the Dutch spot market.
Audax Renovables, a group that focuses its activity on the generation and commercialization of 100% energy of renewable origin, has long positioned itself as one of the most active gas operators in Spain. Added to the large volume of gas marketed to large private sector consumers are recently awarded public contracts, such as the one that was awarded for the second consecutive year to supply natural gas to all of the 6 supply points of the Royal Mint. .
Audax Renovables has a long history as one of the most active energy operators in Spain, marketing both to large consumers in the private sector, public administrations, SMEs, and residential areas.
About Audax Renewables
Founded in 2000, Audax Renovables is a vertically integrated Spanish energy group that generates and supplies 100% renewable electricity and gas to customers in seven European countries. Currently, it has a portfolio of wind and photovoltaic parks in Spain, Portugal, Italy, France, Poland and Panama in operation, under construction and in different phases of development that amounts to 2,536 MW. In its marketing activity, the group chaired by José Elías Navarro provides renewable energy and gas to more than 518 thousand clients in Spain, Portugal, Italy, Germany, Poland, Holland and Hungary, and leads the SME segment in Spain. 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. In 2021 its turnover reached 1,690 million euros , and has a team of more than 800 professionals.
For more information, visit www.audaxrenovables.com / www.audaxrenovables.es.