Switzerland-headed renewable power producer, energy trading and balancing services provider Axpo Group has announced that its Swedish subsidiary Axpo Sverige AB has signed an agreement with compatriot municipal energy company Falu Energi & Vatten AB for the supply of power balancing services, physical delivery and financial electricity trading. The agreement, which took effect in February 2025, covers the company’s annual energy sales of around 300 GWh and the generation of approximately 70 GWh of electricity per annum.
Axpo Sverige is one of Sweden’s leading suppliers of energy trading and balancing services to electricity retail companies, wind and solar power producers, and industrial customers.
The company has been active in the Swedish energy market for 20 years.
We’re delighted to welcome Falu Energi & Vatten to our customer network of smart and innovative energy companies. The Swedish electricity market is experiencing major changes right now. Our expertise in areas such as ancillary services, the optimisation of electricity production and consumption, and risk management will help Falu Energi & Vatten successfully navigate those challenges, said Anna Öhberg, Axpo’s Portfolio Manager for Sweden.
Falu Energi & Vatten has been an electricity retail company since 2013 and is the leading electricity retailer in the City of Falun in central Sweden.
Working with Axpo and its network, Falu Energi & Vatten is well placed to continue developing to meet the challenges and opportunities of tomorrow’s electricity market, offering our customers competitive solutions for their energy needs, said Per Magnusson, Head of Product Management at Falu Energi & Vatten.
