Press Releases

Renewable Power Capital enters Swedish market with 100% acquisition of onshore wind farm from OX2

Renewable Power Capital has committed to acquire the Klevberget onshore wind farm, with a capacity of 146 MW, in their first Swedish deal.
OX2 is constructing the wind farm under their construction & asset transfer agreement (“CATA”) and will, once commissioned, be responsible for the technical and commercial management of the wind farm.
The deal builds on the ongoing relationship between RPC and OX2. In 2021, RPC acquired a 171MW portfolio of Finnish onshore wind projects from OX2.
The decision marks a strategic move by RPC to enter the Swedish market as it continues efforts to accelerate decarbonisation across Europe.

London, U.K. (January 07, 2021) – Renewable Power Capital (RPC) has made its first investment in Sweden by committing to the acquisition of a 100% ownership interest in a 146 MW onshore wind project from OX2, a leading developer and constructor of large-scale onshore wind power in Europe. The transaction is valued at €190 million.