Axpo has signed two power purchase agreements (PPAs) with Energix Group, one of Israel’s largest renewable energy companies.
Under the agreement, Axpo Polska will buy the full output generated by two new wind farms currently under construction - the 81.4 MW Banie III wind farm, and the Sepopol wind farm with an expected capacity of 44 MW. These Energix-owned projects will become operational in 2022 and have received subsidies in recent renewables auctions.
For the Banie III and Sepopol wind farms, Axpo Polska offered a flexible PPA, where Energix may actively decide whether the power generated by the wind farms will be settled on a spot basis or hedged using forward products. This structure is suitable for wind farms operating under the previous support scheme (green certificates) in Poland, and also for auction projects.
Country updates
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May 07, 2021
KGAL invests in 27 MW Rywald wind project in Warsaw
KGAL Investment Management GmbH & Co. KG has acquired the 27 MW Rywald project in Poland. The transaction comprises a fully permitted project consisting of a total of nine wind turbines located ab...
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April 19, 2021
Polish regulatory office awards CfD for 2.5 GW Baltica offshore wind farm development to Ørsted and PGE
The Polish Energy Regulatory Office (URE) has awarded a Contract for Difference (CfD) for the development of the 2.5 GW Baltica offshore wind farm projects to Ørsted A/S and PGE Polska Gru...
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April 15, 2021
PNE completes construction of 132 MW Jasna wind project
The Polish wind farm Jasna with a total nominal output of 132 MW has been completed on schedule. WKN GmbH, which belongs to the PNE Group, took over and carried out the construction management. The wi...
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April 09, 2021
RWE awarded CfD for 350 MW F.E.W. Baltic II offshore wind project in Polish Baltic Sea
The Polish Energy Regulatory Office has awarded a Contract for Difference (CfD) to the F.E.W. Baltic II offshore wind project, which will have a planned installed capacity of 350 megawatts (MW). This...
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March 24, 2021
Financial close for 70 MW solar PV project in Brudzew
ZE PAK Group has announced the financial close for a solar photovoltaic project in Brudzew, Poland. The total capacity of the PV project will be 70MW, with an estimated volume of 68 GWh elec...
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