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ENDESA and COREN sign an electricity supply contract at stable prices for 5 years and will collaborate to promote sustainable development projects

Endesa and Coren have signed a five-year electricity supply contract that gives the Galician company stability in meeting its long-term energy needs and establishes a path to jointly explore the development of projects in the field of energy efficiency and renewable energy in their farms and industries. The agreement, signed at Coren’s headquarters in Ourense by the president of the Galician cooperative, Manuel Gómez-Franqueira, and Endesa’s director of B2B Clients, Juan José Muñoz, reaches 90 GWh and will allow Coren to have a horizon of price stability for the development of its activity.

The president of Coren, Manuel Gómez-Franqueira, highlighted the relevance of this agreement for the cooperative in the current context of prices and with the aim of consolidating, together with Endesa’s experience, the improvement of efficiency processes in its agri-food plants . “For Coren it is very important to have an energy partner that gives us security and peace of mind to develop our strategy based on sustainable development, given the great volatility of the markets expected at least in the medium term. Likewise, it helps us to face the context in which we find ourselves of rising costs suffered by our sector, since the rise in energy is joined by that of raw materials for animal feed”, he indicated.

For his part, Juan José Muñoz, director of Endesa’s B2B Clients, pointed out that “the agreement allows Coren to overcome the current complex scenario of the energy markets and have stable and competitive costs that make it possible to consolidate the company’s business plans for the future. Endesa, with strong roots in Galicia, thus undertakes to support the Galician primary sector, within the common framework of the commitment of both companies to sustainability”.

About Endesa

Endesa is the leading electricity company in Spain and the second in Portugal. It is also the second largest gas operator in the Spanish market. It develops an integrated generation, distribution and commercialization business, and also offers, through Endesa X, value-added services aimed at the electrification of energy uses in homes, companies, industries and Public Administrations. Endesa is firmly committed to the United Nations SDGs and, as such, strongly promotes the development of renewable energies through Enel Green Power Spain, the digitization of networks through e-distribution, and Corporate Social Responsibility. In this last field we also act from the Endesa Foundation. Our human team totals around 9,260 employees. Endesa is part of Enel, the largest electricity group in Europe.

About Coren

Coren is the main meat agri-food cooperative in Spain, with a recognized track record of 60 years in the areas of poultry, pork and beef, dedicated to offering its customers fresh food of the highest quality. The cooperative is made up of more than 7,000 families -including members and workers- and has a network of 24 own industries located in Galicia, where it carries out all its production and industrialization. Coren’s activity is based on the principles of quality, traceability, and innovation, as well as a firm commitment to production based on the values ​​of animal welfare and respect for the environment. In this sense, in the energy field it has promoted pioneering projects in sustainability and circular economy, such as its Biomass and Biogas plants, and it has an energy efficiency plan underway for the installation of solar panels on its farms and industries.


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