2026-02-04
BXF Energia has signed a PPA agreement with Hekla Energy. The contract covers the offtake and balancing of renewable energy from three photovoltaic farms owned by Budimex Group companies, with a total capacity of over 60 MWp, including the largest photovoltaic farm in the entire portfolio, owned by BXF Energia – PV Azalia.
Details of the PPA agreement with Hekla Energy:
- Total capacity: over 60 MWp
- Generation volume: nearly 70 GWh per year in total
- Carbon footprint reduction: approx. 50,000 tonnes of CO₂ per year
- Households supplied: the energy generated by the PV farms can power over 25,000 households per year
Budimex, as a leader in Poland’s construction industry, has experience in delivering projects for the energy sector in Poland. The company actively participates in tender procedures related to the energy transition and decarbonisation, including projects in modern district heating and power generation. BXF Energia is a company within the Budimex Group responsible for developing the Renewable Energy Sources (RES) area, with the aim of diversifying the Group’s business portfolio.
— For BXF Energia, it is crucial not only to develop new RES sources, but also to efficiently bring the generated energy to the market. The agreement with Hekla Energy for the purchase and balancing of energy covers three photovoltaic installations of companies within the Budimex Group—including our largest PV farm, Azalia, with a capacity of 60 MWp—with a combined volume of nearly 70 GWh per year. In practice, this means ensuring the offtake of electricity with balancing support, which is an integral part of operating installations with a variable production profile. This is an important step in seeking the best cooperation opportunities for the sale of energy from BXF Energia’s assets and the further development of our RES portfolio — Adam Skwarski, President of the Management Board of BXF Energia, Director of Investments and Development at Budimex SA.
— As Hekla Energy, one of the leading independent energy trading companies, we are committed to continuing our work to support the development of renewable energy in Poland. We believe that our cooperation with the Budimex Group is a step towards achieving ambitious goals related to sustainable development and the transformation of the energy market. The partnership between our companies will enable local households and businesses to be supplied with energy from renewable sources. As a result, we will be able to significantly reduce CO₂ emissions, which is crucial in the fight against climate change — Szymon Skóra, Sales Director at Hekla Energy.
