Saturday, December 2 2023 Sign In   |    Register

News Quick Search



Front Page
Power News
Today's News
Yesterday's News
Week of Nov 27
Week of Nov 20
Week of Nov 13
Week of Nov 06
Week of Oct 30
By Topic
By News Partner
Gas News
News Customization


Pro Plus(+)

Add on products to your professional subscription.
  • Energy Archive News

    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    OX2 sells 115 MW wind farm Ånglarna in Sweden for 2.7 billion SEK

    September 29, 2023 - Modular Finance Nordic Press Releases


      OX2 has sold the 115 MW wind farm Ånglarna in Sweden to a European utility for 2.7 billion SEK*. The sale will be recorded in the third quarter.

      The Ånglarna wind farm will consist of 18 turbines and be situated in the county of Falun in Sweden. OX2 acquired the project rights in May 2019 and the project was fully permitted in February this year. Construction will start in the fourth quarter of 2023 and commissioning is planned for the end of 2026. The annual production from the wind farm is estimated to about 346 GWh, which corresponds to the annual electricity consumption of 69,000 households.

      - We are pleased with selling Ånglarna and look forward to realizing the project. We are also grateful for a constructive cooperation with local stakeholders, which made this project possible. The wind farm will make a valuable addition in price area 3, where there is a great demand for more emissions-free electricity production. The sale process has also proved that there is a lot of interest among investors for this kind of renewable energy project, says Paul Stormoen, CEO, OX2.

      Once commissioned, OX2 will be responsible for the technical and commercial management of the project, optimizing the production and supervising its operations under a 15-year agreement.

      *EUR/SEK exchange rate 11.60


    Other Articles - International


       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2023 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.