ADX Renovables, a marketer of Grupo Audax Renovables, has won the public tender called by the Art, Culture and Tourism Centers of Lanzarote to supply electricity to all of its high and low voltage supply points.
ADX Renovables has been the energy company that has presented the best proposal, surpassing other operators such as Iberdrola, for 9 low voltage supply points of the Art, Culture and Tourism Centers of Lanzarote, the value of the annual contract amounts to 216,902.57 euros (VAT not included).
Through this agreement, ADX Renovables will supply 1.6 GWh/year of energy in the fixed price modality for one year with the possibility of extending it for one more year, ensuring the Art, Culture and Tourism Centers of Lanzarote, stability in the budget for electricity expenditure and allowing the Centers a better adjustment of prices without shocks, regardless of the changes that the futures market may have for the entire duration of the contract and its possible extensions.
Marc Blasi, Country Manager of Audax Renovables in Spain, points out: "The fixed price modality allows the administration to protect itself against the volatility of the energy market, ensuring budgetary stability and predictable management."
