The contract, valued at €545,000, will last for one year and contemplates the possibility of extension for another year if both parties opt to do so.

The supply includes nine high-voltage points and another 14 low-voltage points.

Iberdrola has agreed to furnish preferential business treatment to the Royal Marina through a personal manager and a permanent customer support for channeling all business processes and incidents.

The specific particulars of each supply point will also be considered so as to optimize the installed power capacity and, finally, to minimize costs.

Additionally, the company will also supply power to the prominent facilities under the contract.