Wolf Theiss advises Axpo Polska on signing of PPAs with Energix Group for wind power to 2034

by   CIJ News iDesk III
2022-10-05   18:29
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Wolf Theiss's Energy and Natural Resources team in Warsaw, led by partner Konrad Kosicki, advised Axpo Polska, a company from the Axpo Group operating in more than 40 markets, regarding the signing of wind power purchase agreements (PPAs) in Poland, based on which the company will offtake all of the energy generated by five (5) of Energix Group's wind farms operating in Poland.

The signing of the agreements marks an extension of the mutual business relationship between Axpo Polska and Energix Group and strengthens Axpo Polska's role as one of Poland's leading renewable energy recipient, with a current portfolio of more than 1.6 GW of installed capacity. The companies have been cooperating since 2015, the beginning of Energix Group's presence in the Polish market. The wind farms from which Axpo Polska will repurchase energy are in the West Pomeranian and Warmian-Masurian provinces, consist of 130 wind turbines, have a total installed capacity of approximately 300 MW and are able to generate an average annual output of around 1 TWh.

"Just as Axpo Polska and Energix Group were able to strengthen their business relationship through the signing of further power purchase agreements, this was also an opportunity for the Wolf Theiss team to build closer ties with our valued client. It also demonstrates that the quality of our services is appreciated by clients who expect best-in-class legal services in our competitive market" commented Konrad Kosicki, Partner.

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