CHAPTER 2 A future-proof company
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MILESTONES 2021
Partnership with Endesa to accelerate electric mobility in Spain and Portugal. In December, a pioneering agreement was signed to enable electric vehicle customers in Spain and Portugal to use both the public charging network that Endesa has already deployed and will continue to expand, and the new ultra-fast charging network that Cepsa will begin to develop next year. This agreement is a giant step forward in our goal to drive the energy transition and decarbonisation of transport and is the first major partnership in this industry.
Strategic partnership with Iberia and Iberia Express to decarbonise air transport on a large scale. The agreement, which includes research and flight testing of sustainable aviation biofuels (SAF), also covers other energy alternatives such as renewable hydrogen and electricity, to promote the sustainable mobility of aircraft and ground fleets (supply vehicles, baggage loading and unloading, aircraft support and towing to the runway).
LPG business in Spain and Portugal will operate independently from the Commercial business. The aim is to provide this business with its own commercial, technical and support unit structure so it can undertake an ambitious growth plan in the coming years and compete on better terms through functional specialisation.
We are launching the first photovoltaic network at service stations in Europe. In association with Redexis, we have begun to build Europe's first network of renewable-energy- generating service stations. The plan is to complete the installation of photovoltaic panels in our service stations in Spain and Portugal by 2023. By the end of 2021, photovoltaic panels had already been installed in around 80 service stations.
The Distribution and Marketing Unit carries out fuel and special product marketing activities through three main sales channels: a wide network of service stations in Spain, Portugal, Mexico, Morocco, Andorra and Gibraltar, its own direct sales channels and an extensive national and international network of agents and distributors.
2.2 OUR ACTIVITIES
2.2.1 Distribution and Marketing
