Audax Renovable SA

11/30/2021 | Press release | Distributed by Public on 11/30/2021 06:56

PR Audax puts into operation four new photovoltaic plants

Audax puts into operation four new photovoltaic plants with 20 MWp of power

  • The company has obtained the authorization to operate the Alberizas I, II, III and IV plants, located in the Torija municipality, from the Provincial Delegation of Sustainable Development of Guadalajara.
  • The plants will produce 32.4 GWh per year, the equivalent to the consumption of more than 9,400 households.

NOVEMBER 30,2021.- Audax Renovables (ADX.MC), a vertically integrated Spanish energy group that generates 100% renewable energy and provides electricity and gas to customers in 7 European countries, announces the commissioning of four photovoltaic plants in Torija, in the Guadalajara province of Spain. With this milestone, the company continues to focus on its generation activity, and expects the plants to start operating and feeding energy to the grid in a few weeks.

With a total power of 20 MWp, the Alberizas I, II, III and IV photovoltaic plants have 59,760 solar panels in total, and will produce 32.44 GWh of energy per year: the equivalent to the annual consumption of more than 9,400 households.

For José Elías Navarro, President of Audax Renovables, "the commissioning of these four new plants will allow us to continue increasing the production of renewable energy for our customers, and is aligned with our commitment to the energy transition of Spain."

More photovoltaic projects

In addition to Alberizas I, II, III and IV, Audax continues to work on the construction of other three plants in Spain: Calañas, in the province of Huelva; and two in Toledo: Los Arenales and El Toconal.

Calañas, located in the municipality of the same name, and Los Arenales, in Polán, will generate 4.48 MWp and 5 MWp, respectively. The construction of these two plants has already been completed, and both are waiting for an Operating Authorization that the company expects to receive in the remainder of the year.

El Toconal, in Navalmorales, will produce 5 MWp. Its evacuation infrastructure has already been completed, and around 10% of the construction of the facility itself is pending completion.

After Alberizas I, II, III and IV, Audax has already built or is finalizing 13 photovoltaic installations in Castilla-La Mancha, to which it has allocated a total investment of more than €34 million.

In addition to that, the group is also preparing the construction of its next generation projects in Spain, for which it has already closed the contracting of components and construction contracts with first-rate operators, and following the roadmap of its Strategic Plan.

For more information:

Roman

Ginés Cañabate

[email protected] | (+34) 649 214 470

Patricia González

[email protected] | (+34) 915 915 500

About Audax Renovables

Founded in 2000, Audax Renovables is a vertically integrated Spanish energy group that generates 100% renewable energy and supplies electricity and gas to customers in seven European countries. The company currently 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 2,524 MW. Through its commercialization activity, the group chaired by José Elías Navarro provides renewable energy and gas to more than 544,000 customers in Spain, Portugal, Italy, Germany, Poland, the Netherlands and Hungary, and leads the SME segment in Iberia. Audax was listed on the Spanish secondary market in 2003, and in 2007 it transitioned to the primary market, where it became part of the IBEX SMALL CAP ® index in March 2020. Its current market capitalization exceeds €600 million, and has a team of more than 800 professionals.

For more information, visit www.audaxrenovables.com.

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