Through its Scandinavian subsidiary Axpo Nordic AS, Axpo has concluded a long-term power purchase agreement for an onshore wind farm in Egersund, Norway. The agreement was signed with LUXCARA, a leading asset manager for renewable energy investments.
The energy company Axpo is set to become a new operator on the Swedish gas market. Axpo has signed an agreement with Swedegas, which owns and runs the Swedish gas transmission grid, to become a balance administrator. Axpo will also sell gas, which will offer greater freedom of choice to Swedish gas consumers.
This week Axpo hosted the Industry Advisory Panels (IAP), a recurring meeting of high-level representatives from the international gas industry, for the first time. Beate Raabe, Secretary General of Eurogas, which is the European association of the gas industry, talked about the latest industry topics during the event.
Volkswind GmbH, an Axpo subsidiary, has concluded an agreement with Chorus Clean Energy AG for the sale of a wind farm portfolio in Western France. Chorus Clean Energy AG is special-ised in the operation of solar and wind energy plants.
Germany’s largest aluminium smelter „Rheinwerk“ in Neuss will procure additional electricity volumes from Axpo: Supplementary to the power contract entered into last year, Axpo will supply the subsidiary of Norwegian Norsk Hydro ASA with 1.3 TWh of electricity annually for the time period from 2021 to 2025, representing a financial volume in the nine-figure range for Axpo.
A major milestone for the Trans Adriatic Pipeline (TAP): The official construction inauguration ceremony for the pipeline took place in the Greek port of Thessaloniki with high-ranking political figures from various European countries in attendance. By the year 2020, natural gas from the Shah Deniz phase II gas field, located southeast of Azerbaijan’s capital Baku, will flow through TAP to Southern Italy and on to Central Europe. Axpo is the initiator of this geo-strategic, economically important project and holds an interest of 5% in TAP.
Axpo Sverige AB has signed an agreement with Svensk NaturEnergi AB, a subsidiary to the Wallenstam Group and a producer of pure Swedish energy from its own wind turbines. Under the agreement, Svensk NaturEnergi will transfer its balancing responsibility and spot market trading to Axpo Sverige.
Axpo is present at E-world in Essen again in 2016: The company is presenting its services as a pan-European player in the area of trading and origination at the most important meeting place for the European energy sector.
From 16-18 February 2016, Axpo will once again present its competencies and activities at E-world, the most important Central European energy fair, in Essen, Germany. Axpo looks forward to welcoming you at stand 236, in hall 3.0.