THE LOS ARENALES PROJECT
The company has obtained an administrative permit and a building permit for the Los Arenales project, thanks to which the construction processes will start in the coming weeks.

Audax Renovables (ADX.MC), an energy group of companies that generate and supply electricity and gas from renewable sources in 100%, continues to increase the level of generated energy through various projects in this area in its portfolio.

In an effort to meet its commitment to keep stakeholders informed about the progress of its projects in a transparent manner and in connection with the Los Arenales project, which the Group announced on January 14, which is located in Polán (Toledo province) and has a production capacity of 5 MWp, the company is happy to announce that it has obtained administrative and building permits from the competent authorities.

Immediately after obtaining the construction license, the company will start procedures aimed at starting construction, ensuring the participation of the best contractors meeting high quality requirements and concluding procurement and construction contracts in the EPC modality (turnkey) with Sequoia Renewables at an advanced stage of implementation.
In the coming weeks, the Group will continue to inform the market systematically about the progress of the projects in its portfolio, so that its stakeholders and investors can always enjoy the latest knowledge.

These projects are part of the strategy of the Audax Renovables Group aimed at expanding the portfolio of 100% renewable energy generation projects. For this reason, the Group is focusing on finalizing other purchase contracts to supply its customers with renewable energy generated in its own installations.