WARSAW – 12 March 2024 – Greenberg Traurig supported Axpo Polska in connection with the negotiations and signing of a power purchase agreement (PPA) for the offtake of energy from six wind farms in Poland with DIF Capital Partners.
Under the partnership with DIF Capital Partners, a Netherlands-based infrastructure fund manager, Axpo Polska will offtake energy from all DIF Capital Partners wind farms in Poland. With a total installed capacity of 171 MW, the facilities will produce an estimated 500 GWh of green electricity a year. The contract provides for spot market settlements, purchase of guarantees of origin, and the provision of balancing services.
The Greenberg Traurig team was led by Konrad Kosicki, Partner and Head of the Energy and Natural Resources Practice.
Axpo Polska is part of the Axpo Group – the largest producer of renewable energy in Switzerland and an international leader in energy trading and solar and wind power offtake. For over 20 years, Axpo has been present in the Polish market where the company has become one of the largest independent offtakers of green energy. In Poland, clients benefit from tailor-made offers for the purchase and supply of energy and gas based on structured and long-term contracts, balancing, trading of property rights or guarantees of origin. Axpo Polska also provides services to more than 35,000 companies from the small and medium-sized enterprises segment, implements large-scale photovoltaic projects and develops energy storage facilities.