Axfood is continuing to focus on renewable energy. In partnership with Alight, Sweden's largest solar park is now being built. When the facility is put into operation in 2023, it will cover approximately 15% of Axfood's electricity consumption. The solar park will include about 60,000 solar panels. The total installed capacity will correspond to approximately 40 MW and cover about 15% of Axfood's annual electricity consumption. This corresponds to the average annual electricity consumption of just over 8,000 single-family houses. The facility is scheduled to be completed in early 2023. Axfood and the supplier Alight are partnering through a power purchase agreement (PPA) under which Alight will own, construct, install and manage the operation of the facility, while Axfood undertakes to purchase all electricity produced for a minimum of ten years. The permit process for the park is ongoing and a decision is expected before year-end.
Axfood AB is a Sweden-based company engaged in the food retail and wholesale trade in Sweden. The Companyâs retail business is conducted through three wholly owned chains: Willys, specializing in discount food retail; Hemkop, which is engaged in the sales of food retail products, and PrisXtra, which is a grocery chain serving the Stockholm market. The Company owns and operates over 200 retail stores. The Companyâs wholesale business is conducted through Dagab, which supplies Axfood Group and the Vi chain, and Axfood Narlivs, a convenience store wholesaler. Axfood has a portfolio of private labels, including Hemkop, Garant, Garant Ekologiska varor, Aware, Saklart, Func and Fixa. Among others, the Company operates via Middagsfrid AB. The Company's major shareholder is Axel Johnson AB.
AXFOOD AB 
