The company strengthens its commitment to Extremadura, one of its strategic and key regions in Spain, where it has placed more than 90 MW of renewable energy projects in operation
X-ELIO will continue to advance the decarbonisation of the energy mix both in the region and in Spain in general, while supporting the socio-economic development of the area through the generation of employment and value.
Madrid, 7 de abril de 2022. – X-ELIO, a leading global company specialized in the development, operation, financing and maintenance of renewable and sustainable energy projects, has announced the opening of a new corporate office in Mérida. This milestone demonstrates the importance and commitment acquired by the company with Extremadura.
The main objective of this new branch of the multinational company is to continue with the development of renewable energy projects, which contribute to boosting the energy mix of the region and Spain in general, while at the same time promoting and collaborating in the economic and social development of Extremadura.
Most recently, in June 2021, the firm began the construction of three new 50 MW projects, known as Los Llanos I, II and III, which together will generate more than 300,000 MWh of sustainable energy per year.
In its commitment to promote the social and economic well-being of the areas in which it operates, for the development of these three plants, X-ELIO has a Recruitment Plan in place to promote new jobs for local labour during the construction phase of the projects. In addition, under the company’s Community Plan Programme, the deployment of various community actions in the area is being analysed and will be announced shortly.
The company will continue to work to support the achievement of Spain’s climate objectives, where it has been promoting and building projects since 2005 and where Extremadura has a relevant weight within the company’s portfolio. X-ELIO has approximately 1 GW built in the country, has signed more than 750 MW of power purchase agreements (PPAs) and has more than 2 GW of pipeline under development.
“The renewable energy sector is at a key stage and at a time of consolidation. Extremadura has all the necessary ingredients to lead the energy transition in Spain and X-ELIO wants to contribute to this. The opening of this new office represents a milestone for the company as it is one of the main strategic regions for us. We are committed to continue investing and supporting the development of the area with a special focus on generating employment and value.”
Arancha Martínez, Country Manager of X-ELIO in Spain
About X-ELIO:
X-ELIO is specialized in the development, construction, financing and operation of sustainable energy projects with a global presence in Europe, the United States, Latin America, Japan and Australia. The firm has 17 years of experience with more than 2.6 GW built. The group is a world leader in the development of renewable and sustainable energy, with a strong commitment to greenhouse gas reduction and the fight against climate change.
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