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 [Environment](/CSR-News/environment-0)

 # Sofidel: 100% Renewable Energy Tracked via Blockchain From the PPA Signed in Spain With ACCIONA Energía

 


 

 Apr 18, 2023 9:15 AM ET

  ![wind turbines](/sites/default/files/styles/carousel_2x/public/images/WP_acciona_sofidel_041723.png) 

 

 ![industrial setting](/sites/default/files/styles/carousel_2x/public/images/Sofidel-Spain-Sofidel-Group-2048x1365.jpg) 

 

 

      

   ![wind turbines](/sites/default/files/styles/carousel_thumbnail_x2/public/images/WP_acciona_sofidel_041723.png?h=c673cd1c)   ![industrial setting](/sites/default/files/styles/carousel_thumbnail_x2/public/images/Sofidel-Spain-Sofidel-Group-2048x1365.jpg?h=1c9b88c9) 

 

 

***The 10-year supply agreement covers the plant in Buñuel, in the autonomous community of Navarra, and will save the paper group 12,870 metric tons of CO2 per year.***

PORCAR (LU), Italy, April 18, 2023 /3BL Media/ - Sofidel, one of the world’s leading paper groups for the production of paper for hygienic and domestic use known particularly in Italy and Europe for its Regina brand, **has signed a long-term supply agreement in Spain with ACCIONA Energía**, one of the main players in Spain for renewable energy.

The agreement, a **10-year Power Purchase Agreement (PPA)**, will provide the **Buñuel plant** in the autonomous community of Navarra with **90 gigawatt hours per year of renewable electricity from ACCIONA Energía’s renewable facilities in Spain.** This will **save** the paper group **12,870** **metric tons of CO2 emissions per year**.

The agreement provides for the supply of electricity with **100% renewable origin accreditation certified** by Spain’s National Commission for Markets and Competition (CNMC), as well as **access to ACCIONA Energía’s GREENCHAIN® application**, a platform based on blockchain technology that allows the renewable origin of energy to be tracked in real-time. Using this tool, Sofidel will know which ACCIONA Energía production plant and which renewable source supplied each MW to its plant.

“*In line with its path toward a low-carbon economy, Sofidel is pursuing a multi-option energy procurement policy, linked to the different legislative, infrastructural and environmental contexts in which it operates*” explains **Riccardo Balducci, Sofidel Energy &amp; Environment Director***.* “*The signing of the PPA with ACCIONA Energía fits into this pattern and represents a decisive step toward achieving our goals.*”

**Javier Montes, Commercial Director from** **ACCIONA Energía,** comments**:** “*PPAs represent a valuable ally for companies committed to energy transition and emissions abatement*. *With this agreement, ACCIONA Energía consolidates its partnership with Sofidel and helps support the Group in achieving its sustainability goals.*”  
  
Sofidel’s 2030 CO2 emission reduction targets have been approved by the Science Based Targets initiative (SBTi) as consistent with the reductions needed in order to limit global warming to well below 2°C under the Paris Agreement. These objectives include a **40% reduction in Scope 1, Scope 2 and Scope 3 CO2 emissions in relation to its suppliers’ pulp production activities**;in addition to a further objective of a **24% reduction in Scope 3 CO2 emissions per metric ton of paper.**

A commitment to fight climate change that has enabled Sofidel to once again, in2022, rank **in the Leadership band of the Climate Change rating of the Carbon Disclosure Project (CDP)**,among the leading independent international organizations measuring environmental performance, and obtained for the second consecutive year the **Platinum recognition from EcoVadis for its approach to sustainability confirming its place among the top 1% of companies in its sector worldwide**.

**About The Sofidel Group**   
The Sofidel Group, a privately held company owned by the Stefani and Lazzareschi families, is a world leader in the manufacture of paper for hygienic and domestic use. Founded in 1966, the Group has subsidiaries in 12 countries – Italy, Spain, the UK, France, Belgium, Germany, Sweden, Poland, Hungary, Greece, Romania, and the USA - with more than 6,400 employees. A member of the UN Global Compact and the international WWF Climate Savers program, the Sofidel Group considers sustainability a strategic imperative and is committed to promoting sustainable development. For more information, visit [www.sofidel.com](http://www.sofidel.com/).

**Media Contact:**    
Brianna Fitzpatrick   
Mulberry Marketing Communications   
<bfitzpatrick@mulberrymc.com>



 

 

 

 

 

 

 

 [![Sofidel logo](/sites/default/files/2025-10/Screenshot%202025-10-15%20at%204.40.09%E2%80%AFPM.png)](/profiles/sofidel)

 



 

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