OX2
OX2 has completed the sale of the energy storage facility Bredhälla
On April 3, OX2 announced the signing of an agreement to sell the energy storage facility Bredhälla in Sweden to Flower, a Swedish company active in energy technology and storage solutions. The transaction has now been completed following the approval from Svenska Kraftnät, the Swedish authority operating the transmission system.
OX2 started construction of Bredhälla, located in the municipality of Uppvidinge in Southern Sweden, in late 2022. The facility consists of batteries utilizing lithium-ion technology with a total capacity of 42.5 MW / 42.5 MWh spread across 20 containers.
Bredhälla will provide ancillary services to Svenska Kraftnät, the Swedish authority operating the transmission system, to ensure stability in the electricity grid. Additionally, it will also participate in wholesale markets by providing energy arbitrage.
Once commissioned, OX2 will be responsible for the technical and commercial management under a five-year agreement.
For further information, please contact:
Henrik Vikström
Investor Relations Director
Tel. +4670 952 80 06
henrik.vikstrom@ox2.com
Edvard Lind
OX2 Communication
Tel. +4672 727 11 17
press@ox2.com
| Datum | 2024-06-12, kl 09:00 |
| Källa | MFN |
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