Endesa and the Madrid City Council have signed an agreement concerning the supply of 100% green power to the City Hall of Madrid during 2017. In this way, the municipal buildings and installations of the Madrid City Council and its Autonomous Bodies will receive energy from 100% renewable sources and high-efficiency cogeneration.
In total, during 2017 Endesa will supply 171 GWh of 100% green power to approximately 1,150 Low-Voltage points and 190 Medium-Voltage points of the Madrid City Council and its Autonomous Bodies, such as the Employment Agency, the Tax Administration Agency and Madrid Healthcare. Furthermore, by this agreement, Endesa will also process the certification of the entirety of the consumption during 2017 in the System of Guarantee of Origin to be issued by the National Commission on Financial Markets and Competition (CNMC) as from 31st March 2018.
Endesa has supplied the Madrid City Council with power since 2015 and, according to the Company’s estimates, the Madrid City Council will register a saving of 5% on its electricity bill next year.
The supply of power from renewable sources is one of the key aspects of Endesa’s commitment to the environment and energy efficiency, and is in line with the Company’s sustainability policy, as exemplified by Endesa’s presence in the main sustainability and responsible investment indices, such as the Dow Jones Sustainability Index, Euronext Vigeo, STOXX Global ESG Leaders, ECPI Global Carbon Equity Index and the prestigious Carbon Disclosure Project.