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.
Greenberg Traurig LLP
Greenberg Traurig, LLP is a global, multi-practice law firm with approximately 2750 attorneys serving clients from 47 offices in the United States, Latin America, Europe, Asia, and the Middle East.
GREENBERG TRAURIG Nowakowska-Zimoch Wysokiński sp.k. was named the 2021 Poland Firm of the Year at the highly esteemed Euromoney Legal Media Group “Women in Business Law Awards 2021 Europe” and the 2021, 2019, 2018 Law Firm of the Year in Poland by International Financial Law Review (IFLR). The Warsaw office of Greenberg Traurig, LLP provides legal services to clients in Central Europe and beyond and consists of approximately 100 lawyers. Team members are regularly recognized as leaders in numerous practice areas. Chambers Global, Chambers Europe, IFLR1000 and EMEA Legal 500 consistently rank them among the top tiers the areas of Corporate/M&A, Capital Markets, Real Estate, Private Equity, Tax, Banking and Finance, Project Finance, Energy, Dispute Resolution, TMT and Competition/Antitrust.
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