OX2 wins asset management contract for four wind farms in Sweden
OX2 has signed an asset management agreement with Renewable Power Capital for the largest wind asset management portfolio contract to date in the Nordics, covering four wind farms with a total capacity of 550 MW.
Under this agreement, OX2 will oversee the technical, commercial, and financial management of the Knäsjöberget, Sörlidberget, Viberget, and Storhöjden wind farms, to support the operational performance of the four wind farms as they approach commercial operation. The wind farms are scheduled to become operational from late 2025 onwards.
“We are very proud to once again earn the trust of Renewable Power Capital to manage their wind farms. We now manage externally developed and built assets to a total of 2.2 GW, contributing to our overall asset management portfolio of 6.7 GW of renewable energy projects. This extensive portfolio gives us a deep understanding of how to optimize and manage assets in the most efficient way, says Lars Bryngelsson, Head of OX2 Technical and Commercial Management.
"We’re pleased to be working with OX2 to manage our High Coast portfolio as it moves into the operational phase. OX2 has deep experience in managing Nordic wind assets and we value their continued partnership" says Miguel Pérez, Director for Asset Management and Power Markets in RPC.
OX2 manages wind farms, solar farms and energy storage systems with a total capacity of about 6.7 gigawatt.