S'abonner

Sweden: OX2 signs management contract for Ersträsk South wind farm

OX2 has signed an asset management agreement with Greencoat Renewables PLC for the Ersträsk South wind farm in Sweden. The agreement includes the technical, commercial and financial management of the wind farm as well as support for the future acquisition of another asset.

Share:

The management of the Ersträsk South wind farm in Sweden has been signed in an asset management agreement between OX2, therenewable energy project developer, and Greencoat Renewables PLC. The long-term asset management agreement includes support for the future takeover of another asset.

Complete management of the Ersträsk South wind farm

OX2 will provide technical, commercial and financial management of the Ersträsk South wind farm to ensure optimum asset performance on behalf of Greencoat Renewables PLC. The wind farm has been operational since 2021 and consists of 36 Enercon turbines, producing 101 MW of electricity.

Support for the future acquisition of another asset

OX2 will also support Greencoat Renewables PLC in the future acquisition of another asset under construction. Once the wind farm is in operation, OX2 will also provide all asset management services.

A promising partnership

Lars Bryngelsson, Head of Technical and Commercial Management at OX2, said he was delighted to take over the management of the Ersträsk South wind farm and ensure efficient ownership and optimized profitability for Greencoat Renewables PLC in Sweden. Paul O’Donnell, Partner at Schroders Greencoat LLP, commented on their satisfaction in concluding this first agreement with OX2 for the management of their wind farm assets in Sweden.

The collaboration between OX2 and Greencoat Renewables PLC is a testament to the positive momentum in the renewable energy sector in Scandinavia, where renewable energy accounts for a significant share of energy production.

  • Popular on energynews.pro
Equinor extends Hammerfest LNG terminal shutdown until August 3
Sonatrach and Sinopec accelerate exploration of new oil basins in Algeria
Qatar threatens to divert its gas exports to Asia over European rules
TenneT invests EUR 5.5 bn in Dutch and German grids in the first half of 2025
Iberdrola and Echelon announce a joint venture for data centres in Spain
US wind energy sector faces political and tariff headwinds in 2025
The US wind market recorded 91% growth in the first quarter of 2025, but new regulatory restrictions and the planned end of tax credits threaten the sector’s future.
Trump revokes 3.5 million acres dedicated to US offshore wind
The Trump administration cancels federal offshore wind zones, threatening 77,000 jobs and $12bn in annual investments in a sector currently employing 120,000 people.
EDP Renovaveis sees profit drop 56% despite increase in wind power production
The renewable division of Energias de Portugal (EDP) reported a sharp decline in first-half net profit due to a marked reduction in gains from asset sales, while electricity production and revenue increased.
The US wind market accelerates in Q1 despite falling turbine orders
The US wind sector saw marked progress in the first quarter, but regulatory uncertainty slowed turbine orders, creating medium-term challenges for the industry.
VALEMO secures technical supervision of the Yeu-Noirmoutier offshore wind farm
VALEMO, the French energy maintenance company, will lead the remote supervision of the Yeu-Noirmoutier offshore wind farm, bringing its expertise to the ongoing management of marine electricity production infrastructure and equipment.
Opdenergy acquires 440 MW of wind in Spain from Acciona Energía for over €500mn
Opdenergy acquires thirteen new wind farms in Spain for a total capacity of 440 MW, strengthening its international presence and portfolio through a major asset transfer operation in the sector.
Sonnenberg V: major partnership for a 235 MW wind project in Saxony-Anhalt
The Sonnenberg V project marks a new milestone with the signing of a cooperation agreement between ENERTRAG and EBERT for the renewal and expansion of a 235 MW wind farm in Saxony-Anhalt. —
OX2 acquires major wind farm in Sweden and strengthens its commercial partnerships
OX2 acquires a 34-turbine wind project in the Dalarna region, representing 14% of the county’s electricity consumption, marking a step forward in its commercial collaborations with Eolus and Dala Vind.
Nordex Group posts 81% order growth and strong cash flow in the second quarter of 2025
Nordex Group records a significant jump in profitability and order intake, reaching EUR 2.3 bn in the second quarter of 2025, confirming its financial trajectory with a positive free cash flow.
ENERCON receives €3.7 mn public support to accelerate wind turbine production in Aurich
German manufacturer ENERCON is investing up to €30 mn in expanding its Aurich site, with public financial backing to boost the ramp-up of its new turbines designed for the onshore wind market.
EDF inaugurates 450 MW offshore wind farm in Scotland
The Neart na Gaoithe offshore wind farm, with a capacity of 450 megawatts, comes online off the coast of Scotland, mobilising GBP200 mn ($259 mn) in public and private investment for the region.
United Kingdom raises guaranteed offshore wind prices by 11% in next auction
The British government is increasing by 11% the guaranteed price for offshore wind electricity to support projects facing inflation and supply chain constraints.
DP Energy launches a 1,400 MW wind project in Queensland with integrated storage
DP Energy plans to build a 1,400 MW wind farm near Julia Creek, supported by an energy storage system, enhancing industrial momentum and supply prospects in northern Queensland.
Equinor records $955mn impairment on Empire Wind project off New York
Equinor announces a significant impairment on its offshore wind project Empire Wind, due to regulatory changes and tariffs, affecting its quarterly results.
SEPCO3 awarded EPC contract for 700 MW Yanbu wind energy project
Shandong Electric Power Construction Corporation No. 3 (SEPCO3) has signed an EPC contract for the construction of the 700 MW Yanbu wind energy project under Saudi Arabia's National Renewable Energy Program.
China unveils 17 MW floating wind turbine prototype
The 17 MW floating wind turbine prototype, the most powerful in the world, was launched in China, marking a significant advancement in offshore turbine manufacturing and supporting the development of deep-sea offshore wind power.
RWE commissions 53.1 MW wind farm in Italy
RWE has inaugurated the Mondonuovo wind farm in Italy, a 53.1 MW facility capable of powering 55,000 Italian households. This project marks a key milestone in the development of renewable energy in Italy.
Bpifrance grants €17mn to Wysenergy for 9-MW wind farm in Marne
Swiss company Wysenergy has secured public funding for its first wind project in France, located in the municipality of Faux-Fresnay and selected under the PPE2 tender scheme.
OVO launches new subsidiary dedicated to onshore wind farm repowering in the United Kingdom
Energy supplier OVO plans to invest several hundred million pounds in the renovation of British wind farms, aiming to increase national capacity and accelerate the country’s energy transition.
Cadeler receives Wind Keeper vessel and secures firm EUR210m contract
Danish group Cadeler has taken early delivery of the Wind Keeper, its eighth vessel, now tied to a three-year contract with Vestas worth a firm EUR210m ($228m), including additional options.

FOSSILS

POLICY

RENEWABLE

PLUS

© XMARKET PUBLISHING