Endesa and FEDA sign a strategic PPA to guarantee renewable energy supply in Andorra

• The agreement has been signed with FEDA (Forces Elèctriques d’Andorra), the public company responsible for electricity import, generation, distribution, and commercialisation in the Principality of Andorra. FEDA has been a client of Endesa since the liberalisation of the Spanish electricity market in 1998.
• The new contract expands on the previous one and includes a Power Purchase Agreement (PPA) that will cover 30% of FEDA’s electricity consumption with green energy starting in 2028.
• Endesa thus strengthens its commitment to PPAs as a key tool to mitigate risks and provide long-term price stability.
• The agreement was signed today in Andorra during an official event attended by FEDA’s General Manager, Albert Moles, and Endesa’s General Manager of Retail, Davide Ciciliato.

Today, Endesa and FEDA (Forces Elèctriques d’Andorra), the public company responsible for electricity import, generation, distribution, and commercialisation in the Principality of Andorra have signed a renewal of their electricity supply agreement, which covers half of Andorra la Vella’s total electricity consumption.

The new contract includes a long-term energy supply agreement that will provide 30% of FEDA’s energy consumption through a PPA (Power Purchase Agreement) with certified renewable energy (Guarantees of Origin). The agreement will take effect in 2028, continuing FEDA’s long-standing commitment to renewable energy.

For the remaining 70%, the electricity supply contract includes tailored advisory services from Endesa, offering proactive management to optimise energy costs. Endesa thus reinforces its commitment to providing personalised services that support its clients’ diversification and energy sourcing strategies.

The new partnership will enable FEDA to ensure price stability for end consumers in Andorra while solidifying Endesa’s role as its key energy partner, in line with both companies’ strategies toward decarbonisation and renewable energy adoption.

Official signing ceremony

The agreement was signed today at FEDA’s headquarters in Andorra during an institutional event attended by Albert Moles, General Manager of FEDA, and Davide Ciciliato, General Manager of Retail at Endesa.

For Endesa, PPAs have become an essential tool for mitigating price-related risks and ensuring long-term stability in meeting energy needs. This agreement, combined with energy market advisory services, helps consolidate Endesa’s 25-year relationship with FEDA through a new contract that reaffirms both entities’ commitment to sustainability.

About Endesa

Endesa is the leading electricity company in Spain and the second largest in Portugal. It is also the second largest gas operator in the Spanish market. Endesa operates an integrated business model spanning electricity generation, distribution, and supply. Furthermore, the company offers value-added services focused on the electrification of energy use for households, businesses, and public administrations. Endesa is committed to the United Nations’ SDGs and corporate social responsibility. In the latter area, it also operates through the Endesa Foundation. Our team comprises around 9,000 employees. Endesa is part of Enel.