OX2 and Fu-Gen have announced they have a contract in place for the sale of the Riberget wind farm in the Swedish municipality of Ljusdal. The 11 turbines of the wind farm will have a combined installed capacity of 70 MW.
By the end of 2022, OX2 will start building the wind farm, and it will likely be finished in the second half of 2024. Following commissioning, OX2 will manage the project technically and commercially under a 15-year contract, maximising production and overseeing operations.
Yaron Feingers, Founder Fu-Gen AG, said “We are delighted to have closed the transaction for the Riberget wind farm; we see it as an important step towards growing our production capacity and increasing our geographical spread of onshore wind.”
“Wind energy is an important element in the supply chain for the industry and plays an important role in our strategy toward e-fuels in North Sweden and toward zero emission targets. We are looking forward to working alongside OX2 through the construction and operation of the wind farm.”
Paul Stormoen, CEO OX2 AB, added “We are immensely proud to realize the farm and hereby accelerate the access to renewable energy for the region. The close collaboration and open dialogue with Ljusdal’s local authorities, the landowner and local residents, as well as our customer Fu-Gen has been instrumental for the project.”
“Riberget has a special focus on increasing the biodiversity in nature, where various efforts are discussed in close cooperation with landowner in order to find the most relevant solutions.”