Axpo and EDF Renewables sign a short-term PPA in Greece

28.04.2025 - Axpo and EDF Renewables Hellas have signed a short-term power purchase agreement (PPA) for the purchase of electricity from two EDF solar power plants in the Viotia region of Greece, it was announced today.

Built in 2023, the two EDF Renewables’ power plants, Skala Korinis and Loutsa, have an installed capacity of 102 megawatts (MW). Under the agreement, Axpo will buy the entire combined output from the plants.

Axpo Greece Managing Director Vasilis Machias said: “This agreement reinforces Axpo’s ability to provide innovative and tailored renewable energy solutions across central and south-eastern Europe. By leveraging our expertise as an international market leader in renewables, wholesale trading and risk management, we’re further optimising our portfolio in the region, while also supporting the energy transition.”

EDF Renewables Hellas CEO Antonis Xenios said, "We are thrilled about our partnership with Axpo and the opportunities it presents. This collaboration reinforces EDF Renewables' dedication to maximise the potential of renewable energy and accelerate the energy transition, contributing to the decarbonisation of the Greek economy."

EDF Renewables Hellas is a major player in the Greek Renewable Energy System market, developing a diversified portfolio of RES projects through its subsidiaries with an estimated potential capacity of 4.5 gigawatts (GW). EDF Renewables Hellas can rely on EDF Renewable’s worldwide experience in the energy transition industry and in every renewable electricity production technology that can serve such energy transition.

Axpo Group is a leading international energy company headquartered in Switzerland, managing a renewable energy portfolio of 93 Terawatt hours (TWh). As a market-leader in risk management and renewable energy solutions, Axpo in Greece helps optimise the entire electricity value chain by combining local market insights and knowledge with the group’s Europe-wide expertise, resources and infrastructure. More information about Axpo’s PPA business can be found here.