Iberdrola inks power purchase agreement with Bayer
Iberdrola signed an agreement to provide power to nine of pharmaceutical company Bayer's sites in Spain.
Iberdrola SA signed an agreement to provide 100% renewable power to nine of pharmaceutical company Bayer AG's sites in Spain.
The Spanish utility will provide electricity generated by its 590-MW Francisco Pizarro photovoltaic facility for 10 years beginning in 2022. The companies agreed that prior to that, Bayer will consume all the electricity it needs without emissions.