OX2 sells solar projects of 45 MW in Spain

OX2 sells solar projects of 45 MW in Spain to Greening, a Spanish company active in renewable energy systems. The sale was recorded in the fourth quarter 2023.

The sale includes late-stage project rights of solar projects located in the Andalucia region. The estimated annual production from the projects once fully operational is estimated to about 84 GWh. This is OX2’s second sale of solar projects in Spain.

- Our total portfolio of solar projects was more than 6.4 GW by the end of the third quarter and this is our third divestment in a short time. Solar is an important part of OX2’s broadening in new technologies and being a part of driving the great shift to fossil-free electricity, says Paul Stormoen, CEO, OX2.

The transaction will have a limited impact on OX2’s results.

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 2024-01-15, kl 08:00
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