Iberdrola to deliver solar power to PepsiCo’s facilities in Spain and Portugal

Iberdrola, a global electric utility company, and PepsiCo, an American food and beverage corporation, inked a long-term power purchase agreement (PPA) under which Iberdrola will supply 590 MW of solar power to Pepsico’s facilities in Spain and Portugal. The agreement aims to develop a long-term operational structure that will aid both companies in their transition to renewable energy.

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