Elawan Energy signs 10-year virtual power purchase agreement with Lear Corporation for 30MW wind project in Spain

The agreement will allow Lear Corporation to cover more than 50% of its operational electricity demand in the European Union with renewable energy. Quote: "The company added the agreement will allow Lear Corporation to cover more than 50% of its operational electricity demand in the European Union with renewable energy." The project will supply electricity to homes and businesses while contributing to Spain and the European Union’s decarbonisation targets. Quote: "The project will supply electricity to homes and businesses while contributing to Spain and the European Union’s decarbonisation targets." Elawan Energy currently has more than 1.3GW of renewable capacity in operation in Spain. Quote: "Elawan Energy currently has more than 1.3GW of renewable capacity in operation in Spain." Globally Elawan Energy operates in 15 countries with a portfolio including 2.3GW of installed capacity and 0.7GW under construction. Quote: "Globally the company operates in 15 countries with a portfolio including 2.3GW of installed capacity and 0.7GW under construction." Elawan Energy strengthens its position as a leading independent power producer in Spain. Quote: "strengthens our position as a leading independent power producer in Spain"