OX2 has signed an asset management agreement with Renewable Power Capital (RPC) to oversee four wind farms in Sweden with a combined capacity of 550 megawatts (MW), the company announced on Tuesday.
The wind farms—Knasjoberget, Sorlidberget, Viberget, and Storhojden—are expected to begin operations from late 2025 onwards.
Under the agreement, OX2 will provide technical, commercial, and financial management services for the projects. The company described the contract as the largest wind asset management portfolio deal to date in the Nordic region.
Lars Bryngelsson, head of technical and commercial management at OX2, said: “We are very proud to once again earn the trust of Renewable Power Capital to manage their wind farms. We now manage externally developed and built assets to a total of 2.2 GW, contributing to our overall asset management portfolio of 6.7 GW of renewable energy projects.”
Miguel Perez, RPC’s director for asset management and power markets, said: “We’re pleased to be working with OX2 to manage our High Coast portfolio as it moves into the operational phase. OX2 has deep experience in managing Nordic wind assets and we value their continued partnership.”
OX2 said it currently manages wind, solar, and storage projects with a combined capacity of 6.7 GW.