Axpo Polska and Akuo sign PPA agreement for one of the largest wind farms in Silesia

23.09.2024 - Axpo Polska has signed a PPA with Akuo for the offtake of energy from a wind farm in Poland’s Silesia region. The plant, located in Wielowieś, has a total installed capacity of 66 MW and is expected to produce around 220 GWh of green energy a year.

Axpo has been active in the Polish market for more than 20 years and is one of the country’s largest independent offtakers of green energy. The PPA with Akuo, French independent global renewable energy producer and developer, covers the offtake of electricity from one of the biggest wind power plants in Silesia. This is Axpo's first agreement with Akuo in Poland, but the companies also work together in France, where they have signed a long-term FPA (Flexibility Purchase Agreement) for Akuo’s energy storage facilities. With this innovative solution, Axpo has guaranteed minimum annual revenues from arbitrage of different markets (ancillary services or intraday markets) for more than 10 years.

Axpo Polska Head of Origination and Board Member Mateusz Marczewski said: “Large-scale investments such as this confirm Poland's huge wind potential. We are keen to cooperate on such projects, supporting partners with our knowledge and international experience. As a reliable and stable partner, we also provide financial guarantees to our parent company from Switzerland. I am pleased that the flexible solution we proposed has been appreciated by Akuo and we can work together for the development of renewable energy in Poland”.

Eric Scotto, CEO of Akuo said: “Being aware of the challenges facing the energy industry, we value working with reliable partners who can provide us with effective support. Thanks to their experience and expertise, negotiations with experts from Axpo Polska went very smoothly. Our good relationship is also supported by the fact that we share the same values in terms of sustainability and commitment to the energy transition”.

The Wielowieś wind farm has a total installed capacity of 66 MW. The plant was financed by Akuo and Mirova, and commissioned in 2021. The wind farm’s twenty 3.3 MW Vestas turbines will generate approximately 220 GWh of green energy annually. Akuo, together with Mirova, also owns two other wind farms in Poland, located in Pomerania. All three facilities generate enough electricity to meet the needs of around 200,000 households and contribute to an annual reduction in CO₂ emissions of around 300,000 tonnes.