Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Morning Review
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
    • Insider Transactions
  • inderesTV
  • Portfolio
  • Forum
  • Premium
  • Femme
  • Learn
    • Investing School
    • Q&A
    • Analysis School
  • About Us
    • Our Coverage
    • Team
Press release

OX2 sells two solar projects in Australia to European Energy

OX2

OX2 has sold two solar projects in Australia with combined capacity of 137 MWp / 105MW ac. The transaction will be recorded in the third quarter 2024.

The sale includes project rights for Lancaster solar farm, 106MWp / 80 MWac, located in Victoria and Mulwala solar farm, 31MWp / 25MWac, in New South Wales. Both solar farms are expected to become operational during 2026.

Once operational, the annual production from the solar farms is estimated to about 255 GWh, which corresponds to the annual electricity consumption of approximately 54,000 Australian households.

The transaction will have a limited impact on OX2’s accounts.
Following this transaction and the recently announced sale of a solar farm in Victoria OX2’s development portfolio in Australia includes projects totaling 1,185 MW.  
 
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 

About OX2 AB (publ)


OX2 develops, constructs, and sells renewable energy solutions at scale. OX2 also offer management of wind- and solar farms after completion. OX2’s project development portfolio consists of in-house developed as well as acquired projects in onshore and offshore wind, solar, and energy storage, in various phases of development. The company is also active in developing projects based on other renewable energy technologies, such as hydrogen. OX2 is operating on eleven markets in Europe: Sweden, Finland, Estonia, Lithuania, Poland, Romania, France, Spain, Italy, Greece, and Åland. Since 2023 OX2 is also operating in Australia. Sales in 2023 was about 7.8 billion SEK. The company has about 500 employees and is headquartered in Stockholm, Sweden. OX2 is listed on Nasdaq Stockholm since 2022. www.ox2.com

Attachments


OX2 sells two solar projects in Australia to European Energy

Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • Instagram
  • X (Twitter)
  • Tiktok
  • Linkedin
Get in touch
  • info@inderes.fi
  • +358 10 219 4690
  • Porkkalankatu 5
    00180 Helsinki
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.