Spain’s Iberdrola España and Tubos Reunidos Group have inked a long-term power purchase agreement (PPA) to supply 120 GWh of renewable energy to the latter's Álava and Vizcaya production centers. This deal, drawing from around 10 MW of Iberdrola's solar photovoltaic portfolio, will support Tubos Reunidos' O-Next® tubes, a Net Zero seamless steel tube range.

The collaboration showed a shared commitment to industrial decarbonization. Tubos Reunidos, already a low-emission manufacturer using electric arc furnaces for production, aims to further green its value chain. The company has already produced 2,000 tons of zero-emission seamless tubes for customers in the US and Europe.

This partnership demonstrated efforts to accelerate the energy transition and help customers reduce their carbon footprint, building on the existing ties between the two companies.