| Work Detail |
Undisclosed European utility snaps up in-development site for €234m OX2 has sold the in-development 115MW Anglarna wind farm in Sweden to an undisclosed European utility for €234m (SEK2.7bn). The sale will be recorded in the third quarter. Anglarna will consist of 18 turbines in the county of Falun. OX2 acquired the project rights in May 2019 and the development 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 346GWh, which corresponds to the annual electricity consumption of 69,000 households. “We are pleased with selling Anglarna and look forward to realizing the project,” said OX2 chief executive Paul Stormoen. “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.” 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. |
