On 28th of November, the Lithuanian electricity transmission system operator (Lithuanian TSO) – Litgrid, held their yearly meeting during which the awards were given out to the electricity market players. Out of 75 registered market players in Lithuania, Axpo Nordic AS was awarded for the category: "innovation and activity in market development". This is a great accomplishment for Axpo in the Baltics.
The construction-ready 46.2 MW Brotorp wind farm in Sweden, owned by BlackRock, the world’s largest asset manager, is set to be constructed and later also operated by Arise AB. Axpo Nordic AS has signed a 10-year Power Purchase Agreement with Arise AB from 2016 to 2025.
As of 1 October 2014, the Axpo business area Trading & Sales will have a new structure: The most important European subsidiaries will report directly to the new Head of the business area Trading & Sales, Domenico De Luca, and, as a result, strongly enhance their management role. In addition, the Swiss sales business will be integrated into a newly created division called „Origination Western Europe“. The new organisation reflects the increased importance of the European business.
Axpo Trading AG has signed a long-term power contract with Norsk Hydro ASA, a Norwegian aluminium company, for annual supply of 0.5 terawatt hours (TWh) over 10 years from 2021.
The annual «Central Eastern Energy Award» proclaimed Axpo as the winner in the category «Top Energy Trader of the Year». The celebration took place on last Thursday night in Warsaw.
Axpo Sverige AB has entered into a collaboration agreement with Jönköping Energi AB. The agreement consists of cooperation regarding electricity trading, production optimisation and physical deliveries. The collaboration began in autumn 2013.
For the sixth time in a row, Axpo Trading AG achieved top ranks in the "Energy & Commodity Rankings":
During the fall of 2013 Power Wind Partners (PWP) and Axpo Sverige AB initiated a collaboration regarding portfolio management and trading for PWP's wind power production, which amounts to more than 260 Gigawatt hours per year.
Axfood AB has signed an agreement with Axpo Sverige AB and Affärsverken AB for portfolio management and physical supply of electricity to all company-owned stores in Sweden. The agreement covers about 280 GWh.