OX2 has completed the acquisition of the Fageråsen wind farm project in the Dalarna region from the companies Eolus and Dala Vind. This project foresees the installation of up to 34 wind turbines, capable of producing 700 gigawatt hours (GWh) of electricity per year, the equivalent of 14% of Dalarna county’s annual consumption. This volume highlights the significance of this transaction for the regional electricity sector.
A structuring commercial partnership in the SE3 zone
Located in the SE3 electricity price area, the Fageråsen project responds to the need to increase production capacity in a highly energy-consuming region. The agreement with Eolus and Dala Vind, which led the project through to obtaining the necessary permits, illustrates OX2’s commitment to rely on partnerships to develop its assets and secure its portfolio of energy infrastructure.
The group anticipates that the wind farm will be fully operational at the beginning of 2028. OX2 management stated that this acquisition is consistent with the group’s strategy of strengthening its position as a long-term owner in the renewable energy sector. The company acknowledged the cooperation with Eolus and Dala Vind during the development and permitting phases.
Portfolio deployment and consolidation of alliances
Over the past year, OX2 has also expanded its portfolio with projects near Örnsköldsvik and Eskilstuna. These operations confirm the company’s dynamic approach, relying on alliances to optimise its investments in regions with a strong need for new electricity capacity. The acquisition of the Fageråsen project demonstrates the group’s strategy to intensify its commercial partnerships in the SE3 zone, considered a priority by electricity sector stakeholders.
The new Fageråsen wind farm adds to a series of assets operated long-term by OX2. The company plans to start preparatory work on site soon, aiming for full operational status at the beginning of 2028. This transaction underscores the growing importance of commercial collaborations in the development of energy infrastructure in Sweden.
