OX2 sells 24 MW wind farm to infrastructure investor Equitix

OX2 has sold an onshore wind farm with a capacity of 24 MW in the south-east of Poland to Equitix. Construction of the wind farm will start this year with delivery expected in 2024.

The onshore wind farm comprising seven wind turbines, will be constructed in Kraśnik county, in the Lublin province. OX2 has developed the project since purchasing the project rights in 2020, and in November the same year secured a 15-year CFD (contract for difference) in the Polish state auction for renewable energy. OX2 will deliver the wind farm to Equitix once operational under a bespoke EPC contract. Construction works will start this year and the wind farm is expected to be delivered in 2024.

Once commissioned, OX2 will be responsible for the technical and commercial management of the project under a 15-year agreement, optimizing the production and supervising its safe operations.

Paul Stormoen, CEO of OX2, said: “I’m happy that we have concluded our first agreement with Equitix and to see the Kraśnik wind farm go to construction. OX2 has become a major participant in the Polish renewable sector where we continue to increase our presence through a fast-growing organisation and portfolio of wind and solar projects.”

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