UK’s Octopus acquires 45MW onshore wind project

OX2 has sold a 45MW wind farm in Eastern Poland to funds managed by Octopus Renewables.

The wind farm, comprising 15 wind turbines, will be constructed in Huszlew, in the Mazowieckie province in East Poland.

OX2 will directly begin construction of the wind farm with delivery expected in 2023.

The total production is estimated to be 130GWh per year, which is the equivalent to the annual power consumption of around 30,000 households; thereby avoiding around 45,000 tonnes of CO2 emissions per year from fossil fuels.

OX2 chief executive Paul Stormoen said: “I am happy to see a second wind farm sold to Octopus in just two years and that we have been able to provide Octopus with their first Polish wind farm investment.

Octopus Renewables investment director Partha Vasudev said: “As one of Europe’s leading investors in onshore wind, this is an exciting acquisition in a market that we have been focused on for quite some time and see ourselves building a larger presence in the future.

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