OX2 AB has been selected by Greencoat Renewables Plc to provide full-service asset management for the Erstrask South wind project in Sweden. The agreement includes the long-term provision of technical, commercial and financial management for the 101 MW wind farm, which is equipped with 36 Enercon turbines that have been operational since 2021.
In addition, OX2 will support Greencoat in the future takeover of another wind farm that is currently under construction, and will provide full-scope asset management services once it becomes operational.
The latest contract significantly increases the amount of Enercon wind turbines in OX2's management portfolio, bringing the total to almost 500 MW. OX2 will be responsible for ensuring the optimal performance and efficiency of the Erstrask South wind farm, in line with Greencoat's investment objectives. The partnership reinforces Greencoat's commitment to expand its renewable energy portfolio, which currently includes a range of wind and solar assets in Ireland, the UK, and Continental Europe.
Country updates
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March 15, 2023
Mirova secures US$171mn first close for Mirova Gigaton Fund
Mirova, the affiliate of Natixis Investment Managers, has announced a US$171 million first close of its Mirova Gigaton Fund. This blended finance debt fund aims to accelerate the clean energy tra...
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March 13, 2023
Axpo to build 20 MW/20 MWh battery storage in Sweden
Axpo has completed the acquisition of a battery energy storage project in Sweden from developers RES, a global renewable energy company, and the Scandinavian Capacity Reserve (SCR). Axpo w...
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March 07, 2023
Ørsted secures Natura 2000 permit for 1,500 MW offshore wind project in the Baltic Sea
Ørsted A/S has been granted a Natura 2000 permit for its 1.5 GW Skane offshore wind project in Sweden. The permit was given by the county administrative board of Sweden&rsqu...
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February 23, 2023
Taaleri Energia, Landinfra Energy to co-develop 1.1 GW Swedish renewable energy projects
Landinfra Energy has partnered with Taaleri Energia to develop a portfolio of renewable energy projects in Sweden, including 1.1 GW of solar and storage, as well as 800 MW of wind and storage capacity...
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February 23, 2023
Vattenfall wins cable installation permit for 640 MW offshore wind project in the southern Baltic Sea
Sweden has granted Vattenfall approval to lay underwater cables for the 640 MW Krieger's Flak offshore wind project in the southern Baltic Sea. The installation must be finished within a decade. Vatte...
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