Axpo will build a four-turbine wind farm in Finland with an installed capacity of 25 MW, it was announced today. This latest expansion of the company’s wind power activities in Europe is consistent with Axpo’s continuing strategic investment in the development of renewable energy.
Axpo and Pilkington Automotive Finland Oy, part of the NSG Group, a leading global innovator in glass manufacturing, have signed a long-term wind energy power purchase agreement (PPA), the companies announced today. The partnership is a significant step towards powering NSG Group’s plants in Finland with clean electricity and further demonstrates the commitment of both companies to sustainability.
As Switzerland’s largest producer of renewable energies, Axpo plays a vital role the Swiss energy transition. As announced today, Axpo intends to increase its contribution in this area, and, with its subsidiary CKW, realise power plant projects in the range of CHF 1 billion by the year 2030. With this undertaking, the company will support domestic power production and promote the development of valuable winter power. However, much more would be possible with the right framework conditions.
Axpo’s leading position in the Eastern European energy services market has been reinforced by the signing of a long-term power purchase agreement (PPA) with CEZ’s Fântânele-Cogealac-Gradina wind farm, part of Macquarie Asset Management’s energy portfolio in Romania.
Axpo is expanding its business with Power Purchase Agreements (PPAs) in Eastern Europe: The subsidiary Axpo Polska will manage the physical power generated by a 42 MW wind farm in Kisielice, Poland, for a period of at least ten years. The corresponding route-to-market PPA with the owner of the wind farm, the Green Investment Group (GIG), also includes price hedging of a significant proportion of the Polish green certificates generated by the project.
Keyword Search
