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
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County 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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OX2 wins auctions for solar and energy storage projects in Poland
OX2 has won auctions in Poland for a solar farm with a total installed capacity of up to 100 MW and an energy storage project with a capacity of 50 MW. Both projects are part of OX2’s portfolio and will now move forward. The solar farm that will with an installed capacity of up to … Continue reading OX2 wins auctions for solar and energy storage projects in Poland
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Siemens Gamesa selected by OX2 for 145-MW wind farm in Finland
Siemens Gamesa and OX2 sign latest deal for 145-MW Niinimäki project in the Pieksämäki municipality. The wind power project will use 22 SG 6.6-170 wind turbines, among the most competitive in the onshore industry. The project is due to be commissioned in late 2024 and includes a 35-year service contract. Siemens Gamesa’s relationship with OX2 … Continue reading Siemens Gamesa selected by OX2 for 145-MW wind farm in Finland
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OX2 applies for offshore wind farm Aurora in Sweden
OX2 has submitted a permit application under the act of Sweden’s Exclusive Economic Zone to construct an offshore wind farm in the Swedish Economic Zone between the islands of Gotland and Öland. The wind farm Aurora will be situated about 20 kilometers from the island of Gotland and 30 kilometers from the Island of Öland. … Continue reading OX2 applies for offshore wind farm Aurora in Sweden
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Nordex receives an order for 63 MW of wind power from OX2 in Poland
The Swedish wind farm developer OX2 has placed an order with the Nordex Group for the supply of eleven N149/5.X wind turbines for the “Wysoka” wind farm in Poland. The order also includes a Premium Service for the turbines that covers a period of 30 years. The 63 MW “Wysoka” wind farm will be built … Continue reading Nordex receives an order for 63 MW of wind power from OX2 in Poland
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OX2 hands over Åndberg wind farm in Sweden
OX2 hands over the Åndberg wind farm in Sweden to the private investment house Ardian. With 53 wind turbines and a total capacity of 286 MW, Åndberg is OX2’s second largest wind farm commissioned in Sweden In 2018 OX2 acquired and started to develop the Åndberg wind farm in the region of Härjedalen in Sweden. … Continue reading OX2 hands over Åndberg wind farm in Sweden
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GE Renewable Energy selected by OX2 to supply 24 Cypress wind turbines to the 146 MW Klevberget wind farm
GE Renewable Energy announced today that it has been selected by OX2 as the supplier for the 146 MW Klevberget wind farm, located in Ånge, Sweden. The project, which will use 24 turbines from GE’s Cypress onshore wind platform, represents GE’s fifth Cypress project with OX2 and includes a 35-year full-service contract. The Swedish wind … Continue reading GE Renewable Energy selected by OX2 to supply 24 Cypress wind turbines to the 146 MW Klevberget wind farm
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OX2 applies for a Natura 2000-permit for a wind farm in the Baltic Sea, Sweden
OX2 has applied for a Natura 2000 permit for an offshore wind farm in the Swedish Exclusive Economic Zone between the islands of Gotland and Öland.The name of the wind farm is Aurora and it will be located 20 kilometers south of Gotland and 30 kilometers east of Öland. The wind farm will consist of … Continue reading OX2 applies for a Natura 2000-permit for a wind farm in the Baltic Sea, Sweden
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Vestas secures 32 MW wind power order in Sweden from Octopus Renewables and OX2
Vestas has received an order for 32 MW from Marhult Vind AB for the Marhult wind farm in the municipality of Uppvidinge on the outskirts of Växjö, Sweden. Octopus Renewables, the fund management specialist that is part of Octopus Energy Group’s generation business, recently acquired the Marhult wind farm from OX2 and are working together … Continue reading Vestas secures 32 MW wind power order in Sweden from Octopus Renewables and OX2
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