OX2 has handed over the Klevberget wind farm in Sweden to Renewable Power Capital (RPC). The wind farm comprises 24 wind turbines with a total installed capacity of 146 MW. This is the fourth wind farm OX2 hands over to RPC this year, together they have a total installed capacity of about 317 MW. The … Continue reading OX2 hands over the Klevberget wind farm in Sweden
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OX2 sells stake in next generation Swedish offshore wind energy portfolio to Ingka Investments
OX2 has agreed with Ingka Investments, the investment arm of Ingka Group – the biggest IKEA retailer – to sell a 49 percent stake in next generation Swedish offshore wind projects. The transaction is expected to impact OX2’s operating income positively with approximately 200 MSEK* in 2023. Following the transaction OX2 expects operating income for … Continue reading OX2 sells stake in next generation Swedish offshore wind energy portfolio to Ingka Investments
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OX2 has handed over the Karskruv wind farm in Sweden to Orrön Energy
OX2 has handed over the Karskruv wind farm in Uppvidinge municipality, Sweden, to Orrön Energy. The wind farm comprises a total of 20 Vestas turbines with a total installed capacity of 86 MW. OX2 and Orrön Energy signed an agreement in April 2021 to construct the wind farm Karskruv. The total yearly production is estimated … Continue reading OX2 has handed over the Karskruv wind farm in Sweden to Orrön Energy
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Vestas wins 115 MW wind power project in Sweden
Vestas has received a firm order from OX2 Construction AB for the Anglarna wind farm in Sweden. The order consists of 18 V162-6.2 MW wind turbines in 6.4 MW optimized power mode and includes the supply, delivery and commissioning of the turbines. Upon completion, Vestas will service the turbines under a 35-year Active Output Management … Continue reading Vestas wins 115 MW wind power project in Sweden
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OX2 sells 115 MW wind farm Ånglarna in Sweden for 2.7 billion SEK
OX2 has sold the 115 MW wind farm Ånglarna in Sweden to a European utility for 2.7 billion SEK*. The sale will be recorded in the third quarter. The Ånglarna wind farm will consist of 18 turbines and be situated in the county of Falun in Sweden. OX2 acquired the project rights in May 2019 … Continue reading OX2 sells 115 MW wind farm Ånglarna in Sweden for 2.7 billion SEK
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OX2 sells 20 MW wind farm in Poland for 680 MSEK
OX2 has signed an agreement to sell a 20 MW onshore wind farm in Bejsce, Poland, to Enea Nowa Energia, a part of the Polish energy group Enea. The contract value is 680 MSEK* and the sale was completed in the third quarter of 2023. The Bejsce wind farm, that will consist of six turbines, … Continue reading OX2 sells 20 MW wind farm in Poland for 680 MSEK
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OX2’s offshore wind farm Triton receives Natura 2000 permit
OX2’s offshore wind farm Triton off the southern coast of Sweden has received a Natura 2000 permit. In June the County Administrative Board finalized their handling by suggesting the government to grant Triton a permit according to the Act on Sweden’s Exclusive Economic Zone. If the government gives the final approval construction could start by … Continue reading OX2’s offshore wind farm Triton receives Natura 2000 permit
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Vestas wins first order in Italy with a 35-year service agreement
Ox2 has placed a 27 MW order for the Eolia wind park, to be located in the Apulia Region, Italy. The contract includes the supply and installation of six V150-4.5 MW wind turbines, as well as a 35-year Active Output Management 5000 (AOM 5000) service agreement. “We are really pleased to have signed this order. It … Continue reading Vestas wins first order in Italy with a 35-year service agreement
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OX2’s sale of 49 percent of Finnish offshore wind projects to Ingka Investments is completed
On May 12, OX2 announced that an agreement had been signed with Ingka Investments for the sale of 49 percent of three offshore wind projects in Finland, with a potential capacity of about 6,000 MW. The deal was subject to customary competition merger filing approval. Merger clearance has now been obtained and the transaction has … Continue reading OX2’s sale of 49 percent of Finnish offshore wind projects to Ingka Investments is completed
Continue readingCounty Administrative Board gives green light to offshore wind farm Triton outside Sweden
The County Administrative Board of Skåne has decided that the offshore wind farm Triton can get permission to be built according to the Act on Sweden’s exclusive economic zone. OX2 and Ingka Investments welcome the decision and if the government gives final approval construction could start already 2027. In its decision the County Administrative Board … Continue reading County Administrative Board gives green light to offshore wind farm Triton outside Sweden
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OX2 sells 27 MW onshore wind farm in Italy
OX2 has signed a contract to sell a 27 MW onshore wind farm in Foggia, Italy, to Glennmont Partners, one of Europe’s largest fund managers focusing exclusively on investments in clean energy infrastructure. This is the first project OX2 divests in Italy. The transaction is expected to be recorded in the third quarter of 2024. … Continue reading OX2 sells 27 MW onshore wind farm in Italy
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OX2 and Ingka Investments enter conditional agreement with NKT for delivery and installation of export cables for two offshore wind farms in Sweden
OX2 and Ingka Investments enters into conditional agreement with NKT for delivery and installation of export power cables. NKT’s facility in Karlskrona will deliver the cables for the recently awarded Galene project in Sweden. The agreement also covers the Triton offshore wind farm. The agreement will enable OX2 and Ingka Investments to start realising the … Continue reading OX2 and Ingka Investments enter conditional agreement with NKT for delivery and installation of export cables for two offshore wind farms in Sweden
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OX2 receives permission to build 400 MW offshore wind power on the west coast of Sweden
The Swedish government announced today that OX2 has received permission to build the northern part of the project Galatea-Galene on the west coast of Sweden, with a potential capacity of 400 MW. The total project Galatea-Galene comprised 1.7 GW. OX2 is Sweden’s leading developer of renewable energy and besides Galatea-Galene the company is developing two … Continue reading OX2 receives permission to build 400 MW offshore wind power on the west coast of Sweden
Continue readingOX2 sells stake in its Finnish offshore wind development portfolio to Ingka Investments
OX2 has agreed with Ingka Investments to sell a 49 percent stake in its three offshore wind projects in Finland. The three projects will have a potential to reach total installed capacity of about 6,000 MW. The transaction is expected to impact OX2’s operating income positively with approximately 300 MSEK* in 2023. The sale is … Continue reading OX2 sells stake in its Finnish offshore wind development portfolio to Ingka Investments
Continue readingOX2 enters conditional contract for the delivery of monopile foundations to two offshore wind farms in Sweden
OX2 has entered a conditional agreement with EEW SPC on delivering monopile foundations for two of the offshore wind farms OX2 is developing in Sweden together with Ingka Investments. The agreement will enable OX2 and Ingka Investments to start realising the projects following grant of final permit. According to the agreement, EEW Special Pipe Constructions … Continue reading OX2 enters conditional contract for the delivery of monopile foundations to two offshore wind farms in Sweden
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OX2 to acquire ESCO Pacific, a leading renewable developer in Australia
OX2 has signed an agreement to acquire ESCO Pacific, a leading renewable developer in Australia, for AUD 126 million (SEK 872 million*). The transaction is subject to the fulfilment of certain conditions and is expected to close by the end of April. ESCO Pacific is a leading and profitable renewable developer in Australia with an … Continue reading OX2 to acquire ESCO Pacific, a leading renewable developer in Australia
Continue readingOX2 to develop an offshore wind energy hub outside the coast of southern Sweden
OX2 has initiated the development of the offshore wind energy hub Neptunus in southern Baltic Sea. The wind energy hub is estimated to have a total installed capacity of 1.9 GW and will produce both electricity and hydrogen. The project will be included in OX2’s project development portfolio for the first quarter, 2023. The energy … Continue reading OX2 to develop an offshore wind energy hub outside the coast of southern Sweden
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OX2 signs an asset management agreement for a 36-turbine wind farm in Sweden
OX2 has signed an asset management agreement for a wind farm owned by Greencoat Renewables PLC (a company managed by Schroders Greencoat LLP) in Sweden. The deal is a long-term, full-service asset management agreement for the operating Ersträsk South wind farm, and will also include support for the future acquisition of another asset.OX2 will provide … Continue reading OX2 signs an asset management agreement for a 36-turbine wind farm in Sweden
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OX2 hands over Merkkikallio wind farm in Finland to Renewable Power Capital
OX2 hands over Merkkikallio wind farm in Finland to Renewable Power Capital. The wind farm comprises of 15 wind turbines with a total installed capacity of 82.5 MW. The construction of the wind farm in the municipality of Mustasaari and city of Vaasa in Finland started in May 2021. The wind farm is now in … Continue reading OX2 hands over Merkkikallio wind farm in Finland to Renewable Power Capital
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OX2 to develop 1,400 MW offshore wind farm outside the coast of Finland
OX2 has initiated the development of the offshore wind farm Tyrsky in the Gulf of Bothnia in the Finnish economic zone. The project that is estimated to have a total installed capacity of 1,400 MW and will be included in OX2’s project development portfolio for the first quarter, 2023.OX2 received a research permit for the … Continue reading OX2 to develop 1,400 MW offshore wind farm outside the coast of Finland
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