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Axpo and Valda Energy, a specialist energy supplier to UK small businesses, have announced a three-year extension to their existing Wholesale Energy Agreement. The two businesses first partnered in 2019 and this latest extension demonstrates Axpo’s continued confidence in Valda Energy, further consolidating its position in the British energy market. Axpo UK Managing Director Steven McCarthy said: “We’re delighted to confirm the continuation of our successful relationship with Valda Energy. Axpo’s core values of reliability, sustainability and innovation closely match Valda’s own operational ethos. The extension of this partnership is further evidence of Axpo’s commitment to its B2B business activity in the UK energy market.” Providing risk management Axpo UK, the Axpo Group’s subsidiary for Great Britain and Ireland, has been present in the UK since 2008 Valda Energy CEO Steve James said: “This is very positive news for Valda Energy and our customers, providing stability and certainty as we continue to expand our operations. Valda Energy strives to be the energy provider of choice for small businesses and this partnership allows us to continue to offer competitive pricing certainty, alongside our outstanding customer service and digital-first solutions.” Valda has an experienced and entrepreneurial senior leadership team with a successful track record in the sector. Many of the team have been in the industry since its deregulation in 1997. Axpo UK, the Axpo Group’s subsidiary for Great Britain and Ireland, has been present in the UK since 2008. The business provides risk management, market access, and supply solutions across the energy supply chain. Clients include gas and electricity producers, large industrial and commercial consumers, and energy suppliers.
Axpo’s subsidiary in London, United Kingdom (UK) and Valda Energy, a new energy supplier to the UK SME business market, have just announced a three-year deal for energy supply. Thus, Axpo further strengthens its position in the UK energy market. In the context of this partnership, Axpo will grant Valda Energy access to the long and short-term commodity market, and provide them with electricity. Thus, Valda Energy will be able to manage the risks associated with the constantly changing market conditions and offer fully hedged fixed-term contracts to its customers. Axpo - Valda Energy partnership Steve James, the Chief Executive Officer (CEO) of Valda Energy, said “This agreement with Axpo will be fundamental to our business objectives and growth ambitions. It will allow us to offer our customers pricing certainty – along with outstanding customer service and digital first solutions. We are very pleased to be able to combine Axpo’s capability with Valda Energy’s experience and new technology, to deliver a market leading proposition.” Valda Energy, whose management team bring many years of senior-level industry experience in the United Kingdom, was launched in October 2019 and aims at challenging the SME supplier market, by being a viable alternative to the current crop of suppliers. Combining knowledge and use of latest technologies The partnership with Valda Energy is an important milestone for Axpo UK, as we are expanding our B2B activities" By combining their knowledge with the use of the latest technologies, such as outstanding cloud-based customer service, accurate invoicing and automated smart metering, they aim to be the SME business choice for gas and electricity. Steven McCarthy, the Head of UK Origination at Axpo, stated “Axpo is recognized as being reliable, sustainable and innovative. This closely matches Valda Energy’s philosophy and that’s why they decided to choose Axpo as their partner for energy supply and market access in the UK. The partnership with Valda Energy is an important milestone for Axpo UK, as we are expanding our B2B activities.” Axpo Axpo has been present in the United Kingdom since 2008. Axpo UK, the Group’s subsidiary for Great Britain and Ireland, provides risk management, market access, and supply solutions across the energy supply chain. Its clients include gas and electricity producers, large industrial and commercial (I&C) consumers, and energy suppliers, such as Valda Energy. Growth in the UK is part of Axpo’s strategy of constantly expanding its international presence. Axpo is present in 28 countries, active in 39 markets in Europe and the United States of America (USA), and works closely with renewable energy producers, industrials, suppliers, and other market participants, offering tailor-made market access and risk management solutions.