Our energy
never ends
We develop, finance, construct and manage large-scale projects in the renewable energy sector. And, we do it so that people and planet can continue to prosper.
Our energy never ends
We develop, finance, construct and manage large-scale projects in the renewable energy sector. And, we do it so that people and planet can continue to prosper.
6,4 TWh
OX2 has management contracts of 528 wind turbines with an estimated annual production of 6,4 TWh. That’s enough to power the cities of Stockholm, Copenhagen and Helsinki together.
15 years
OX2 was founded in 2004. Ever since then, we’ve been driving the change towards a 100% sustainable energy sector by continuously increasing the availability of renewable energy.
News ⎜ February 12, 2021
OX2 acquires the largest wind power project in Finland from YIT
Read morePress Release ⎜ January 7, 2021
Renewable Power Capital marks first investment with commitment to acquire a portfolio of Nordic onshore wind projects from OX2
Read morePress Release ⎜ December 16, 2020
OX2 acquires 600 MW of wind power projects from Tornator
Read moreFrom start to never-ending energy
Our expertise covers the entire value chain, from acquisition of project rights and project development, to financing, engineering, procurement and construction, and further on to technical and commercial management.
Development and Design
Experience has not only taught us to recognise a great site, but also how to acquire the necessary rights and get the local support.
Financing
Over the years, more than EUR 2.6 billion has been invested in onshore wind power projects developed and constructed by OX2.
Construction
With an established network of skilled contractors, we take full responsibility for every aspect of the construction and the final delivery to our customers.
Management
Today, we have technical and commercial management contracts for 528 wind turbines. That's more than 2 GW of wind power in the Nordics.
Milestones in a history of progress
There’ve been plenty of memorable moments in our history. Signing a PPA with Google, helping IKEA become energy independent in the Nordics, and building our first non-subsidised wind farm to name just a few. Here we’ve compiled some of those cases.
Growing project portfolio
We’ve developed and constructed a significant share of the large-scale, onshore wind power in the Nordic region. We also conduct ongoing screening of new wind power projects in Europe and secure close cooperation with local project developers.
Valhalla, Sweden – our largest wind power project ever
Valhalla is OX2’s largest project ever and one of the largest onshore wind farms in Europe. When completed in 2020, the expected annual production is 1.1 TWh, almost 7 percent of all wind power production in Sweden and enough to power up to 250,000 households.
Casting of foundations at Valhalla wind farm (366 MW) in Sweden.
Castle, Finland – the largest subsidy-free wind power project in the Nordics
In 2018, OX2 achieved a tremendous milestone in realising the largest subsidy-free wind power project in the Nordics together with its long-term business partner IKEA. When completed in 2020, the total installed capacity will be 107.4 MW.
Project Castle (107.4 MW) in Finland will be completed in 2020.
Raskiftet, Norway – an outstanding EPC partnership
Raskiftet is the result of a successfull partnership between OX2 and the Norwegian utilities Eidsiva Energi and Gudbrandsdal Energi with German Stadtwerke München as equity co-investor. At the end of 2018, OX2 delivered the wind farm through a full-wrap EPC agreement.
Raskiftet wind farm (112 MW), Norway.
2,400 MW
Every year, we develop, finance and construct more and more wind power. As of 2019, the cumulative installed capacity is 2,400 MW.
Power to progress
We have accepted one of the greatest challenges of our times. By increasing the amount of renewable energy available and, at the same time, generating benefits for both the environment and investors, we constantly drive progress towards a common goal – a sustainable future.
Power to progress
We have accepted one of the greatest challenges of our times. By increasing the amount of renewable energy available and, at the same time, generating benefits for both the environment and investors, we constantly drive progress towards a common goal – a sustainable future.
Make real change
Creating a world where both people and planet can continue to prosper might be the greatest challenge of our generation. Do you want to take part in overcoming that challenge?
Make real change
Creating a world where both people and planet can continue to prosper might be the greatest challenge of our generation. Do you want to take part in overcoming that challenge?