Abei Energy and Shell Strengthen Strategic Alliance Through Six Renewable PPAs in Spain

Madrid, October 2nd, 2025 — Abei Energy & Infrastructure S.L. and Shell Energy have strengthened their strategic collaboration through the signing of six Power Purchase Agreements (PPAs) over the past two years, covering a diversified portfolio of solar photovoltaic and wind projects in Spain. These agreements account for more than 530 GWh of renewable energy annually, reinforcing both companies’ long-term commitment to accelerating the energy transition. 

The PPAs, each with a minimum duration of ten years, provide a stable and predictable framework for energy commercialization while supporting the development of new renewable assets. This long-term partnership reflects the shared ambition of Abei Energy and Shell to deliver reliable, clean energy solutions and contribute to decarbonization goals in the Spanish market. 

Among the most recent assets included in these agreements are two photovoltaic plants located in Almería (Andalucía) and a wind farm in Burgos (Castilla y León). These projects further consolidate Abei Energy’s footprint in Spain and highlight its capability to develop and deliver large-scale renewable infrastructure across different technologies and regions. 

In addition, several of these projects have been designed with hybridization potential, incorporating opportunities for wind integration and battery energy storage systems (BESS). This approach enhances grid flexibility, improves energy efficiency, and maximizes the value of renewable generation. 

Through these PPAs, Abei Energy estimates that approximately 2.4 million tons of CO₂ emissions will be avoided over the duration of the agreements. The energy generated is expected to supply the equivalent of more than 143,000 households annually, contributing to a more sustainable and resilient energy system. 

Beyond their environmental impact, the agreements have also played a key role in the financial structuring of three project portfolios. Supported by partnerships with three leading banking institutions in Spain, these PPAs have enabled Abei Energy to secure competitive financing conditions. The stability provided by long-term energy contracts has been instrumental in enhancing the bankability, viability, and attractiveness of these renewable investments. 

Abei Energy’s management team and PPAs division expressed their appreciation for Shell’s continued trust: 

“These agreements are a testament to the strength of our partnership and a key milestone in our growth strategy. We are grateful for the confidence placed in our projects and look forward to continuing this collaboration to deliver innovative, sustainable energy solutions.” 

Abei Energy remains committed to expanding its renewable portfolio and strengthening alliances with strategic partners to accelerate the deployment of clean energy and create long-term value for society.