Endesa starts supplying 100% renewable energy to Parkia, thus expanding their commitment to sustainability

  • The agreement is valid for 3 years (2022-2024) and includes the company's 70 car parks across Spain.
  • This will stop the release of more than 1,550 tons of COinto the atmosphere.

Endesa and Parkia have extended their partnership with the addition of 100% renewable energy to the electricity supply agreement they signed two years ago. All Parkia companies, which has 70 public car parks across Spain, have already begun to enjoy green energy. The agreement is valid for 3 years (2022-2024) and involves an approximate volume of 6.2 GWh/year.

Endesa guarantees that 100% of the energy will be certified with guarantee of origin (GdOs) issued by the Spanish Markets and Competition Commission (CNMC). This will enable the operator of public car parks to significantly reduce its carbon footprint by avoiding the release of more than 1,550 tons of COper year into the atmosphere, the equivalent of the emissions absorbed by 2,614 trees over 40 years.

Parkia electric vehicle charging point.

The agreement between Endesa and Parkia shows their firm commitment to the environment and adds to the partnership they launched two years ago to promote electric mobility as a tool to enhance the fight against climate change. Endesa X, the business line that offers innovative solutions to support the energy transition, has 127 charging stations for electric vehicles operating in Parkia car parks, thus providing access to recharges in 27 Spanish provinces.

In the words of Arturo Sanz, Endesa's B2B Marketing Director, "with the addition of renewable energy, we consolidate our relationship with Parkia in a context of energy transition where, together, we must contribute to the success of sustainability objectives". Endesa has brought its commitment to zero emissions forward by ten years, to 2040; and, in 2024, 92% of the company's peninsular production will already be free of COemissions. Also, 89% of the planned investment for the next three years is directly related to the UN Sustainable Development Goals.

Julio López, General Director of Parkia, stresses "the crucial role that Parkia's car parks provide in tomorrow's new cities, not only investing in sustainable urban mobility, but also in efficient consumption and renewable energy in our facilities and vehicle charging stations. This agreement with Endesa allows us to advance in our commitment to sustainability and the fight against climate change, as set forth in our strategic plan".

 

About Endesa

Endesa is the largest electricity company in Spain and the second largest in Portugal. The company is also the second largest gas operator in the Spanish market. Endesa operates an end-to-end business from generation to marketing and through Endesa X also offers value-added services aimed at the decarbonisation of energy uses in homes, companies, industries and public administrations. Endesa is firmly committed to the United Nations SDGs and therefore strongly supports the development of renewable energies through Enel Green Power España, the electrification of the economy and Corporate Social Responsibility. The Endesa Foundation is also active in this field. Our workforce numbers around 10,000 employees. Endesa is a division of Enel, Europe’s largest electricity group.

Endesa X provides innovative solutions that support the energy transition, turning the goals of decarbonisation and electrification into beneficial activities for cities, businesses and people in a constantly evolving world. With a strategy focusing on digitalisation and innovation, it provides an ecosystem of closely interconnected solutions that turn energy into new opportunities for a number of sectors: electric mobility, public and private energy efficiency, artificial intelligence services, data analysis and energy consulting. Endesa X designs, creates and provides modular commercial solutions that enable everyone to create new value thanks to the innovative use of energy. This approach focuses on the principles of sustainability and circular economy to offer households, administrations and companies an alternative model that respects the environment and integrates technological innovation in the daily lives of customers, which are the focus of the company's strategy. Endesa X is the Spanish and Portuguese division of Enel X, a world leader in the field of advanced energy solutions, managing flexibility services with around 6 GW of total capacity and 100 MW of installed storage capacity worldwide, also owning around 195,000 charging stations for electric vehicles worldwide.

 

About Parkia

Parkia is the leading operator of public car parks in Spain, with the third largest portfolio of this type of asset. The company, owned by the First Sentier Investors fund, manages concessions in ownership and long-term concessions mainly with municipalities, through contracts lasting more than 31 years on average.

With a portfolio of 71 car parks in Spain and Andorra, Parkia's car parks are located in the centre of the main Spanish cities, offer 38,000 parking spaces and 24-hour service.

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