Warsaw, 5 October 2022 – the largest independent receiver of renewable energy in Poland, Axpo Polska, relied on the legal expertise of Wolf Theiss concerning its signing of wind power purchase agreements with Energix Group, one of Israel’s largest renewable energy companies.
Wolf Theiss’s Energy and Natural Resources team in Warsaw, led by partner Konrad Kosicki, advised Axpo Polska, a company from the Axpo Group operating in more than 40 markets, regarding the signing of wind power purchase agreements (PPAs) in Poland, based on which the company will offtake all of the energy generated by five (5) of Energix Group’s wind farms operating in Poland.
The signing of the agreements marks an extension of the mutual business relationship between Axpo Polska and Energix Group and strengthens Axpo Polska’s role as one of Poland’s leading renewable energy recipient, with a current portfolio of more than 1.6 GW of installed capacity. The companies have been cooperating since 2015, the beginning of Energix Group’s presence in the Polish market. The wind farms from which Axpo Polska will repurchase energy are in the West Pomeranian and Warmian-Masurian provinces, consist of 130 wind turbines, have a total installed capacity of approximately 300 MW and are able to generate an average annual output of around 1 TWh.
Konrad Kosicki, Wolf Theiss partner
“Just as Axpo Polska and Energix Group were able to strengthen their business relationship through the signing of further power purchase agreements, this was also an opportunity for the Wolf Theiss team to build closer ties with our valued client. It also demonstrates that the quality of our services is appreciated by clients who expect best-in-class legal services in our competitive market”
The Energy & Natural Resources team of Wolf Theiss advises clients on the acquisition, development and financing of conventional and renewable energy projects, covering all regulatory issues and trading aspects of electricity, natural gas and green certificates. The Polish energy team is part of Wolf Theiss’ wider practice in the CEE region, which is ranked by Chambers and Partners. Individually ranked by Chambers Europe, Konrad Kosicki is a recognised expert for energy matters in the CEE market.