Edison Next Spain strengthens its international presence with a PPA from Verallia Portugal.
Edison Next Spain, an energy services company and subsidiary of the EDISON energy group and the French giant EDF, has taken a significant step in its international expansion strategy by starting operations in Portugal. With the acquisition of a self-consumption PPA (Power Purchase Agreement) asset at Verallia’s production facilities in Mondego, it marks the beginning of the company’s activities in the Portuguese market, thus consolidating its presence on the Iberian Peninsula.
The purchase of the asset, completed on July 10, was made from SolarProfit, the previous awardee, for an amount of 3 million euros. The onsite PPA installation without surplus has an annual production capacity of 5.6 MWp and has been operational since December 2022. Comprising 12,372 photovoltaic panels, of 450 W and 490 W, distributed on the ground and on the roof, the plant allows Verallia to boost its self-consumption and avoid the emission of 2,098 tons of CO2 per year.
The expansion into Portugal is part of Edison Next’s growth strategy, which seeks to strengthen its position in the European renewable energy market, reflecting, once again, Edison Next’s significant contribution to the sustainability and decarbonization of the industrial sector.
In parallel, this project not only represents Edison Next Spain’s first contract in Portugal but also reinforces its alliance with Verallia, one of the world’s leading producers of glass packaging for food and beverages. Since the start of their collaboration in 2022, Edison Next and Verallia have worked together on three onsite PPA contracts in the Canary Islands and Burgos, totaling a production capacity of 19.2 MWp.
Verallia, with a turnover of 3,904 million euros, has become a pioneer in implementing photovoltaic projects in its sector, standing out for its environmental and social policy that promotes CO2 emission reduction and the circular economy. This transformation has been made possible, to a large extent, thanks to the collaboration with Edison Next, whose support and expertise have been fundamental in carrying out these innovative projects.
The adoption of renewable energy policies and initiatives in the industrial sector is essential to drive innovation and competitiveness in today’s global economy. Companies like Verallia, by implementing photovoltaic projects, in addition to reducing their carbon footprint, are also positioning themselves as leaders in innovation and sustainability, which is crucial in an increasingly demanding and exacting market.