Axpo Signs Wind Power Deal with Poland’s GIG and Danone

Axpo, the Swiss-based utility has signed a long-term energy services agreement with Green Investment Group (GIG) and Danone companies in Poland for a period of 10 years. It will supply electricity to Poland-based Danone – a French food firm from GIG’s 25.3 MW Jozwin wind farm.

After signing the agreement, Grzegorz Biliński, Managing Director Axpo Polska, comments: “We see an ever-increasing demand of energy-intensive industrial companies in Poland to cover their electricity consumption from renewable energy sources. On the other side, project owners are looking for price stability when selling the electricity produced. While our country still heavily relies on coal, Axpo brings producers and consumers together and, thereby, acts as an enabler and accelerator for the transition towards more renewable energies.”

Under the agreement, Axpo has also committed to buying all excess electricity generation of the wind farm, and provide its own use supply and balancing services on the entire volume.

Poland is the largest electricity market in Central Eastern Europe and has set an ambitious target of producing 52 percent of its electricity generation from wind, solar, and biomass. The development thus made is also in sync with the target set.

Axpo has been working together with the UK-based Green Investment Group, one of the leading investors in renewable energies in Europe, for quite a long time. Both Axpo Polska and Axpo Nordic have signed agreements with GIG in Poland and in Scandinavia.

Axpo has been present in the Polish market for 20 years, becoming one of the largest independent off-takers of renewable energy, the company said. It has also expanded its client portfolio to small and medium-sized businesses (SME) and now provides services for 15.000 of these companies in the country.