First Telefonica PPA in Spain

The cleanest and more competitive energy

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Telefónica's first PPA in Spain

The telecoms company is strengthening its decarbonization strategy with the help of the biggest marketer of 100% renewable energy in the Spanish market

10YEARS

long-term alliance between two giants

In June 2020, Telefónica and ACCIONA announced an agreement for the annual supply of 100GWh of renewable energy over the next decade. ACCIONA will provide clean energy to the telecommunications group’s data processing facilities, offices and work centers in Spain. This Power Purchase Agreement (PPA) is Telefónica’s first long-term clean energy supply deal in the country. The group has selected ACCIONA, Spain’s leading 100% renewable energy retailer, as its energy supplier for the next yen years. ACCIONA already has a number of corporate and institutional customers worldwide, as well as a portfolio of renewable assets amounting to over 11,000MW

The electricity supplied by ACCIONA will come with 100% renewable origin accreditation, certified by Spain’ National Commission of Markets and Competition (CNMC). By using clean energy, Telefónica will prevent the emission of 161,300 tons of CO2, the main cause of global warming and climate change, thus reinforcing its decarbonization strategy.

Telefónica will also be given direct access to ACCIONA’S GREENCHAIN® traceability application, a platform based on blockchain technology, which guarantees the renewable origin of the energy in real time.

The contract came into force in July 2020, supported by ACCIONA’s portfolio of 5,700MW renewable assets in Spain. This portfolio will be expanded with the construction of new installations for the purpose of guaranteeing Telefonica’s energy supply. This new deal will lead ACCIONA to develop new renewable assets, as well as to strengthen the energy marketing price structure in Spain, reducing exposure to market volatility.

This is Telefónica’s first long-term PPA in Spain. It represents a decisive step forward in the country’s energy transition.

THE KEYS

01

ACCIONA Energía undertakes to supply Telefónica with 100 GWh a year of 100% renewable energy over a period of ten years.
02

The Power Purchase Agreement (PPA) signed with ACCIONA Energía is the first long-term clean energy supply contract signed by Telefónica in Spain.

Emilio Gayo, CEO of Telefónica Spain

"The progress in our economy and society depends on firm climate action. At Telefónica, we have established a strategic commitment to mitigating climate change and we are decisively fulfilling it. We need a balanced energy mix, but our ultimate goal must be a transition that leads to complete decarbonization"

DATA PROTECTION INFORMATION

In compliance with Regulation (EU) 2016/679 on Data Protection and with other Data Protection regulations in force, you are hereby informed that your personal data shall be processed by Corporación Acciona Energías Renovables, S.A., whose identification data are as follows: Tax ID No. (NIF): A-85483311, Address: Avenida de la Gran Vía de Hortaleza, 1 28033 (Madrid), Tel.+34 91 657 64 61. Your data shall be processed in order to address and manage your queries, requests, claims and suggestions, as well as send information, regarding our products and services through electronic means (all of these, hereinafter the “Request”).

The consent given by the data subject by indicating that they have read and accept this data protection information comprises the lawfulness of processing, and if a contract had been entered into with the interested party, legitimation shall be for the compliance of legal obligations derived from the aforementioned contract and for the enforcement thereof. We will only process the essential data that you provide in your application, such as your identification data (name, surname, language, contact details) and data related to the business area of your interest. The data shall be stored only for the time to attend and answer your Request, and in any case, never for more than twelve months.

In case your Request is related to other ACCIONA solutions or businesses, we may communicate your personal data to another entity of the Group (you can consult a list of ACCIONA Group companies at www.acciona.com/shareholders-investors/financial-information/annual-accounts/), in order to be able to deal with your Request in a more efficient way. We also may give access to your data to service providers (such as technology service providers) who assist us in fulfilling this purpose. Some of its service providers, may be located outside of the European Economic Area in territories that do not offer a level of data protection that is comparable to that of the European Union. In such cases, we transfer User data with appropriate safeguards and always ensuring the security of the same. By accepting the privacy terms, you consent to your data being transferred internationally in order for your Request to be properly processed.

The data subject can exercise their rights of access to or rectification, erasure or portability of their data, and/or the restriction of or objection to the processing of such data, by contacting to Corporación Acciona Energías Renovables, S.L., by writing the Department of Data Protection located at Avenida de la Gran Vía de Hortaleza, 3 28033 (Madrid), or by sending the form available at:

If we consider it necessary in order to be able to identify you, we may ask you for a copy of an identity document. Furthermore, at any time the data subject may withdraw the granted consent by contacting the aforementioned address and file a claim to the Supervisory Authority (Agencia Española de Protección de Datos www.aepd.es).

For any further information you can visit the Privacy Police on the website.