Iberdrola and Gestamp have entered into a 10-year Power Purchase Agreement (PPA) to supply 660,000 megawatt-hours of clean electricity to Gestamp's European manufacturing facilities. This agreement prioritizes renewable energy sources, aiming to enhance sustainability and energy efficiency across Gestamp's operations. The deal supports Europe's transition to a low-carbon economy and provides Gestamp with stable energy costs. The specific renewable sources for the PPA were not disclosed, but the focus is on clean electricity generation.