OX2’s first project as an independent power producer begins operation
The milestone marks a new chapter for OX2 in the strategic commitment to developing, owning and operating renewable energy assets. The Rutki solar farm is expected to generate about 108 GWh of electricity per year. The project that spans over 78 hectares and benefits from a 15-year Contract for Difference (CfD) secured through the Polish Energy Regulatory Office.
“Poland is one of OX2’s key markets globally, and the Rutki project is our first step as an IPP. We are proud to be delivering this project in a country with such immense renewable potential. For years, OX2 has been a committed driver of Europe’s energy transition and now, in Poland, we are reinforcing our long-term commitment to energy security and climate neutrality,” says Paul Stormoen, CEO, OX2.
The Rutki project also reflects OX2’s dedication to sustainable development and community engagement. As part of the investment, the company has installed over 50 new fire hydrants and organized fire safety training for nearly 200 local residents.
For further information, please contact:
Edvard Lind
OX2 Communication
Tel. +46 (0)72 727 11 17
[email protected]
About OX2 AB
OX2 is a leading renewable energy developer that operates a large and diverse project portfolio across all major technologies, including onshore and offshore wind, solar, and storage. The total portfolio including development, construction, asset management and operations amounts to about 33 GW. The company is also active in developing projects based on other renewable energy solutions, such as hydrogen. OX2 is present in 9 markets across Europe, and Australia. The company has about 500 employees and is headquartered in Stockholm, Sweden. OX2 is owned by EQT, one of the world’s largest private equity investors. www.ox2.com.