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Our value creation model

OX2 has a three-phase model for the development and sale of renewable energy solutions: Expand, Develop and Deliver.


New projects

OX2 initiates new projects either through its own greenfield development or through the acquisition of existing projects. Project acquisitions can be made at every stage of the development phase.

New markets

We have a proven model for expanding on new geographic markets. This has usually taken place through the acquisition of projects followed by construction of a local organization.

New technologies

OX2 not only operates within onshore and offshore wind power and solar power, it is also active within new technologies that it considers to have great potential, such as energy storage and hydrogen.

Metsälamminkangas wind farm, 132 MW, Finland (photo: Petteri Löppönen)


Project development

During the development phase, projects for wind power, solar power and energy storage are designed in close dialogue with all affected stakeholders. Once the necessary permit applications have been submitted, a decision on the permit is then received, along with conditions for the project.


Sales take place through a structured process, with the customers being financial and industrial investors. Onshore wind power is usually sold with overall responsibility for construction and management. For large-scale offshore wind power, OX2 attempts to bring in business partners at an early stage of the development phase and gradually capitalize on value creation right up until construction begins.



For those projects where OX2 is responsible for construction, it takes overall responsibility for the budget and timetable. Construction takes place in accordance with international standards and with great consideration for the local environment. During construction, OX2 is paid on reaching milestones, ensuring positive cash flow.


OX2 is often also engaged to provide the technical and commercial management. The aims are to ensure that customers benefit from the highest possible production level, to minimize costs and streamline ownership and so maximize the return from the facility.