OX2 sells the Wysoka wind farm and the Recz solar farm in Poland to Ingka Investments.
The deal has a total contract value of € 173 million EUR, including technical and commercial management services for Wysoka wind farm. The Wysoka wind farm will have an installed capacity of 63 MW. OX2 will commence construction of Wysoka wind farm in the third quarter of 2022 and it is estimated to be completed by the end of 2024. OX2 will be responsible for the technical and commercial management of the Wysoka wind farm. The Recz solar farm is the first solar farm OX2 has developed and sold and once commissioned it will have an installed capacity of 29 MW. The buyer, Ingka Investments, is the investment arm of Ingka Group, the world’s largest Ikea franchise.