Axpo to buy electricity from solar plants in Greece

Swiss-based international energy company Axpo has agreed to acquire electricity from two solar power plants in Greece. The plants have a combined installed capacity of 102MW.

The short-term power purchase agreement (PPA) with EDF Renewables Hellas involves energy generated from two solar farms in the Viotia region. The facilities, Skala Korinis and Loutsa, were built in 2023.

EDF Renewables Hellas is developing a renewable energy portfolio in Greece with a projected capacity of 4.5GW. The company operates through local subsidiaries.

It also draws on the global expertise of EDF Renewables in renewable electricity technologies and energy transition efforts.

Axpo manages a total renewable energy portfolio of 93 terawatt hours. The company has a presence in several European energy markets.

Axpo Greece managing director Vasilis Machias stated: “This agreement reinforces Axpo’s ability to provide innovative and tailored renewable energy solutions across central and southeastern Europe.

“By leveraging our expertise as an international market leader in renewables, wholesale trading and risk management, we’re further optimising our portfolio in the region, while also supporting the energy transition.”

In Greece, Axpo applies local market knowledge alongside wider group capabilities to support activities across the electricity sector.

EDF Renewables Hellas CEO Antonis Xenios stated: "We are thrilled about our partnership with Axpo and the opportunities it presents.

“This collaboration reinforces EDF Renewables' dedication to maximise the potential of renewable energy and accelerate the energy transition, contributing to the decarbonisation of the Greek economy.”

In early 2025, Axpo Nordic, part of Axpo Group, entered a long-term PPA with Finnish renewable energy investor and producer Exilion Tuuli Ky.

"Axpo to buy electricity from solar plants in Greece" was originally created and published by Power Technology, a GlobalData owned brand.

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