Press Release

GoldenPeaks Capital signs Power Purchase Agreement with Boryszew Group.

GoldenPeaks Capital signs Power Purchase Agreement with Boryszew Group.
January 15, 2024
Press Release
Warsaw, January 15th, 2024 - GoldenPeaks Capital has entered into a 10-year Power Purchase Agreement (PPA) with Boryszew Green Energy and Gas, part of Boryszew Group to reduce the carbon footprint of Boryszew Group’s plants in Poland.

GoldenPeaks Capital is one of the fastest growing independent green power producers in Europe and one of the largest photovoltaic system owners in Poland. Under this transaction, GoldenPeaks Capital will supply 24 GWh of renewable electricity annually, generated by newly built solar power plants in Poland, with an expected capacity of 21 MWp.

Boryszew Green Energy and Gas is an entity within Boryszew Group responsible for electricity and gas supplies within the Group but also to external offtakers. Boryszew Group, being one of the biggest privately owned industrial groups in Poland, has set ambitious plans on carbon footprint reduction combining multiple initiatives to achieve it’s goals. One of these is the Power Purchase Agreement with GoldenPeaks Capital, proving the importance of such agreements with energy intensive customers while helping to maintain and increase competitiveness on European markets, combining green energy with additional bottom line benefit.

For GoldenPeaks Capital, this is the seventh PPA in Poland. With all of its contracted volumes, GoldenPeaks Capital is one of the market leaders and utmost reliable renewable energy partner.

Mikołaj Budzanowski, CEO of Boryszew Green Energy and Gas and Board Member of the Boryszew S.A. commented: “As Boryszew Green Energy and Gas, we have a very important mission in our Group, to support all our businesses in their mission of general decarbonization. The PPA with GoldenPeaks Capital is an important milestone for our group in it’s decarbonization journey, setting relevant trends on the Polish market. GoldenPeaks Capital is an experienced IPP with significant presence in Poland. We are therefore very pleased with this long-term collaboration.”

Adriano Agosti, Founder and President of GoldenPeaks Capital says “This transaction is a significant step forward in our journey, creating value propositions for industrial customers, sensitive to clean energy. We are proud to support Boryszew in their mission of decarbonization with this long-term partnership.”

About GoldenPeaks Capital

GoldenPeaks Capital, is a company specializing in the construction and operation of solar systems and one of the largest photovoltaic system owners in Poland and Hungary. GoldenPeaks Capital will further increase the pace of shaping the industry of renewable energies in Eastern Europe by applying the seamless integration of all sectors of GPC, such as manufacturing, project development & engineering, financing & structuring, supply chain management, construction & commissioning, asset operations, and commercial & energy sales among others, ensuring an invaluable alignment of methodologies, ethics and goals. 

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