October 25, 2021 Get off

Axfood has signed a PPA (Power Purchase Agreement) for a photovoltaic park with an installed capacity of approximately 40 MW, while Axel Johnson AB together with the Group’s companies Axel Johnson International, Dustin, Kicks, Martin & Servera, the gym chain STC and Åhléns have signed an agreement for a photovoltaic park with an installed capacity of about 30 MW. The parks are planned to be built in energy areas 3 and 4.

Martin & Servera have previously announced that they have signed an agreement with Alight for an 18 MW solar park in Skurup. The construction of the solar cell park in Skurup is in full swing and approximately 18,000 of the more than 35,000 solar panels have so far been installed.

Alight owns, builds and operates the solar parks. The Axel Johnson companies undertake to buy all electricity produced for at least ten years at a fixed price in order to reduce their electricity costs, reduce the environmental impact and protect themselves against volatility in the electricity market and enable the production of new renewable electricity.

Mia Brunell Livfors, President and CEO, Axel Johnson:

“Axel Johnson must be a strong and positive force for change in society and an expression of that is our work with reduced climate impact. It is an extensive work that spans the entire value chain. A key area is to ensure a climate-friendly energy supply. Therefore, together within the Group, we are now taking an important and concrete step to lower the Group’s climate footprint by adding renewable energy to the market. With this move, we also contribute to a significant step forward for the Swedish market for large-scale solar energy. ”

Harald Överholm, CEO of Alight:

“Seeing a large Swedish group speak and take the lead in the transition to green energy is fantastic. I hope that other companies will be inspired and realize the benefits of taking full control of their energy consumption while creating more renewable energy through their own sites ”.

Axel Johnson has previously marked itself as an investor in solar energy companies through AxSol, which is an investor in Alight and other solar energy companies. With this investment, the Group also exemplifies as energy buyers that they see solar energy as a competitive and growing part of the energy system of the future.

Martin & Servera’s solar park in Skurup is expected to be completed in the spring of 2022 and is expected to produce approximately 19 GWh, which corresponds to the annual household electricity for 3,800 Swedish houses. Axel Johnson’s park will be able to produce about 30 GWh, which corresponds to household electricity for about 6,000 Swedish houses, while Axfoods park will be able to produce about 40 GWh, which corresponds to the annual household electricity for about 8,200 villas. The latter two parks are expected to be completed during the first half of 2023 and permit applications are being processed.