Axpo US - Company Market Research Report

Company Overview

Name

Axpo US

Mission of the Company

Energy solutions tailored to your needs while supporting a sustainable future by providing innovative energy solutions.

Founding and Key People

Founded: Active in the US since 2016.

Key People:

Christoph Brand, CEO of Axpo Group

Jeremy Wodakow, Managing Director & Head of Axpo U.S.

Headquartered

Primary Office: 575 Fifth Avenue, Suite 2801, New York, NY 10017

Secondary Office: 440 Louisiana Street, Suite 1818, Houston, TX 77002

Number of Employees

No information is available

Revenue

No information is available

Notable Recognition

Voted as one of the leading energy traders around the world in annual surveys carried out by Risk and Energy Risk Magazine.

What is the Company Known For

Axpo US is known for providing comprehensive and tailor-made risk management solutions to power generators, developers, investors, and consumers. It is part of the Axpo Group, Switzerland's largest producer of renewable energy and an international leader in energy trading and solar and wind power marketing.

Products

Wholesale Energy

Axpo US has extensive experience in trading electricity, natural gas, and environmental products in key US energy markets.

Long-term Hedging & PPAs

Axpo US supports the development of the renewable energy sector in the country while responding to the ongoing requirements of the existing energy infrastructure.

Renewable Energy Solutions

Axpo provides expertise in the renewable energy space to help customers transition to a low-carbon future.

Electric Supply Capabilities

Axpo US offers extensive experience in managing complex supply contracts across North American electricity and natural gas markets.

Recent Developments

Largest Rooftop Solar Plant in France

Date: 23.09.2024

Overview: Axpo has commenced operations at the largest rooftop solar plant in Beauvais, France. The plant covers an area of 62,000 square meters and has an installed capacity of 12.8 MWp, generating approximately 13 GWh of electricity annually.

Sustainability-linked Samurai Loan

Date: 20.09.2024

Overview: Axpo Holding AG secured financing totalling JPY 42 billion through a 'Samurai loan' involving a syndicate of more than 20 banks in Japan. The facility has a sustainability component and increases Axpo’s financial flexibility.

Biomethane Market in Italy

Date: 12.09.2024

Overview: Axpo initiated its first biomethane project in the Basilicata region of Italy. The plant will produce approximately 45 GWh of renewable energy annually and will be operational by the end of 2025.

Strategic Partnerships

Partnership with RPD Energy

Date: 07.05.2020

Overview: Axpo US entered into a strategic partnership with RPD Energy, a Houston-based green energy marketer. Axpo acquired a minority stake in RPD Energy and will provide wholesale market services to bolster RPD Energy’s renewable energy offerings.

Miscellaneous Developments

Investment in Solar Energy in Italy: Commenced construction on a 20 MWp ground-mounted solar power plant in northern Italy.

Renewable Energy Offtake in Poland: Axpo offtakes 1.5 TWh of green energy annually from RWE in Poland.

Vörå Wind Farm Investment: Axpo has made an investment decision to commence construction of a wind farm in Finland, marking its commitment to the region’s renewable energy development.