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Iberdrola wins contract for the Juan Carlos I Royal Marina in Valencia

Spain's Iberdrola has been awarded the electricity supply contract for the Juan Carlos I Royal Marina in Valencia worth € 545,000. This is the company's first contract with this organism since the Government assigned the Marina to the Consortium

This supply agreement will last for one year and contemplates the possibility of extension for another year if both parties opt to do so. The supply includes nine high-voltage points and another fourteen low-voltage points.

Some of the more prominent facilities to which Iberdrola will supply power with this contract include the central dock for large-scale yachts, emblematic buildings such as Veles i Ventas, the headquarters for the teams that participated in the 32nd and 33rd edition of the America's Cup, the passage wharf at the old shipyards, the headquarters of the Valencia Regional Sailing Federation and the municipal sailing school Escola Municipal de Vela.

The Company has agreed to furnish preferential business treatment to the Royal Marina through a personal manager and a permanent customer support for channelling all business processes and incidents. The specific particulars of each supply point will also be considered so as to optimise the installed power capacity and, finally, to minimise costs.

Iberdrola expects that the first half of this year will conclude with 14.9 million contracts in Spain, representing a growth of 5.7% compared with the same period last year. This figure includes agreements entered on the free market for electricity, gas and energy services, and those corresponding to the Last Resort Retailer, which handles customers subscribed under the erstwhile Last Resort Rate.



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