AUDAX RENOVABLES, S.A.

In accordance with the provisions of article 227 of the revised text of the Securities Market Act, approved by Royal Legislative Decree 4/2015, of October 23, Audax Renovables, S.A. (the "Company") communicates the following:

OTHER RELEVANT INFORMATION

The Company has reached a purchase agreement with Idena Solar company for the incorporation of projects totalling up to 69 MWp, detailed down as follows.

In the town of (Guadalajara) the Company has acquired the Cuatro Caminos 1, 2, 3 and 4 projects, with the first two adding 6.875 MWp of power, while the second two will add 4.125 MWp each, making a total of 22 MWp. This Complex will have the whole installation of approximately 55,000 solar panels, which will produce some 43 GWh per year of energy, equivalent to the annual consumption of more than 12,300 households.

Likewise, in the town of , also in the province of Guadalajara, the project, of 5.5 MWp. On the other hand, in the municipality of Taracena (Guadalajara) the El Cañal project will add 5.5 MWp photovoltaic to the Group's portfolio. Both projects will have the joint installation of approximately 27,500 solar panels, which will produce about 17 GWh of energy per year, which is equivalent to the annual consumption of around 4,800 households.

It is worth mentioning that the Cuatro Caminos 1, 2, 3 and 4, Matillas and El Cañal projects are in an advanced state of processing, on the verge of achieving "ready to build" status.

Additionally, also with the company Idena Solar, a purchase agreement has been reached through which the Audax Group will take a 51% stake in the capital of various vehicle companies that own projects of up to a maximum of 36 MWp of nominal power, which have reached the “ready to build (RTB)” status, that is, of those projects that have all the assets, licenses and authorizations required for construction.

Badalona (Barcelona), January 19th, 2021

______Francisco José Elías Navarro Chairman of the Board of Directors of Audax Renovables, S.A.