Capital Energy will install photovoltaic panels at the Adisbismur occupational centre in the municipality of Outes

• The Company will pay for a 30.45 KW solar photovoltaic installation on the roof of the building, which is also subsidised by the Galician Energy Institute and is expected to be operational before 30th June 2021.
• In line with its commitment to the green and fair energy transition, Capital Energy accompanies the development of its renewable projects with social and environmental action programmes in order to maximise its contribution to the social and -economic progress of every territory in which it operates.
• At present, it has around 40 renewable energy projects in Galicia, which are all wind-based, spread over the four provinces. All together they total almost 1,100 MW, and their development will involve an overall investment of approximately €780,000,000 and the creation of 1,500 jobs in the surrounding rural areas.

Santiago de Compostela, 19th May 2021.- Capital Energy, a Spanish energy company founded in 2002 with the vocation of becoming the first vertically-integrated 100%-renewable energy operator on the Iberian Peninsula, has just taken another step towards its social commitment to Galicia.

The enterprise has signed a collaboration agreement with the Asociación de Persoas con Discapacidade da Bisbarra de Muros (Adisbismur) Association of People with Disabilities of Bisbarra de Muros) whereby it undertakes to set up a self-consumption facility in the occupational centre located in the parish of Valadares, in the municipality of Outes.

Capital Energy will pay for a 30.45 KW photovoltaic installation on the roof of the building, which will also receive a subsidy from the Galician Energy Institute. This solar infrastructure, which will have 70 panels, is expected to be operational by the 30th June.

This agreement is part of the framework agreement signed between Capital Energy and Adisbismur last March, which aims to promote initiatives that promote employment, social welfare and integration of people with disabilities in the region of Muros (Corunna), where the Company is promoting the development of several wind farms, such as Banzas and Maragouto[1].

Already anticipated, the cooperation between both entities would therefore be implemented, through various specific contracts, such as the one announced today, which would promote the start-up of projects related to the social and employment insertion of this group, as well as with the implementation of improvements in the field of energy: promotion of entrepreneurship and an introduction to the world of business; organisation of training activities; sponsorship of equipment for centres and activities; promotion of energy efficiency in the special employment centre, etc.

The signing of this new social agreement in Galicia is part of Capital Energy's commitment to the green and fair energy transition. The Company wants to accompany the development of its renewable energy projects in Spain and Portugal with the launch of social and environmental action programmes that are adapted to local needs in order to maximise its contribution to the social and-economic progress of every territory in which it operates.

In this regard, Juan José Sánchez, CEO of Business of Capital Energy, has stressed that “our commitment is to reconcile the aim of decarbonising the economy with boosting the rural environment where clean energy is produced, generating employment and wealth, as well as establishing stable relationships with local entities, as is the case of Adisbismur”.

Capital Energy's firm commitment to Galicia

The Company has driven the development of renewable infrastructures in Galicia since 2009. At present, it has an office in the San Lázaro district of the Galician capital, where 12 employees work - all of them residents of the municipalities where the Company promotes its facilities - and which has the capacity to triple its staff as the administrative procedures of the projects progress.

Capital Energy is developing around 40 wind farms in this Autonomous Community, distributed in the four provinces. All together they total almost 1,100 MW, and their development will involve an overall investment of approximately €780,000,000 and the creation of more than 1,500 jobs in the surrounding rural areas.

About Adisbismur

The Asociación de Persoas con Discapacidade da Bisbarra de Muros (Adisbismur) is a non-profit organisation whose purpose is to promote the integration (social, employment, educational etc.) and improve the quality-of-life of people with disabilities in the district of Muros.

This Association forms part of Cogami (Galician Confederation of People with a Disability), declared of public utility and made up of 55 associations of people with visible and invisible disabilities. Cogami's mission is to achieve the full inclusion of people with disabilities in all areas of society through the defence and promotion of their rights, the demand for social change, the promotion of associations and the provision of services that meet their needs and expectations.      

About Capital Energy

In line with its commitment to the decarbonisation of the energy model, Capital Energy currently has a portfolio of wind and photovoltaic projects in the Iberian Peninsula totalling around 38 gigawatts (GW) of power, of which over 8.5 GW have been awarded grid access permits.

Due to  launch of its retail arm in the final quarter of 2020, Capital Energy reached its strategic aim of being present on the entire renewable energy value chain: from development, where, given its 20-year history, the Company has a consolidated position, to construction, production, storage, operation and supply.

The aim of the Company, which has grown from 30 employees to more than 370 in the last three years, distributed throughout 14 offices in Spain and Portugal, is to deliver to the end consumer the 100%-renewable energy that it is already produced in its facilities.

[1]The wind farms at Banzas (31 MW) and Maragouto (35 MW) have already been opened to public consultation.