OX2 will manage a 45 MW wind farm owned by IKEA Group in Lithuania

OX2 has established a well-functioning management organisation for the Mazeikiai wind farm. A person has been employed locally by OX2 to inspect the wind farm, to carry out agreement- and stakeholder’s management. The proactive analysis of data, monitoring and reporting for the wind farm takes place from OX2's headquarters in Stockholm, Sweden.

"We are able to quickly establish ourselves in new markets thanks to qualified employees, large networks and good support systems. There is all the more reason for this assignment to be successful thanks to long-term collaborations with both IKEA Group and Nordex. We are extremely happy for the continued trust IKEA Group has shown in us and we look forward to creating the optimum conditions for IKEA Group to enjoy the greatest return on its investment", says Lars Bryngelsson, Managing Director for Technical and Commercial Management at OX2.

OX2's management portfolio comprises agreements for a total of 700 MW of wind power in the Nordic and Baltic countries, 177 MW of which is the result of a management assignments for IKEA Group.

Facts about the cooperation between IKEA Group and OX2 regarding the management of wind farms:
- Korpfjället, Sweden. 9 wind turbines from Siemens. In operation with OX2 as service provider since 2011.
- Rämsberget, Sweden. 7 wind turbines from Vestas. In operation with OX2 as service provider since 2014.
- Glötesvålen, Sweden. 30 wind turbines from Vestas. In operation with OX2 as service provider since 2014.
- Mazeikiai, Lithuania. 19 wind turbines from Nordex. In operation with OX2 as service provider since 2017.