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OX2 lists on Nasdaq First North Premier Growth Market

On 23 June 2021, OX2 AB (publ) (“OX2”) was listed on Nasdaq First North Premier Growth Market.

The offering price amounted to SEK 60 per share, corresponding to a market value for all outstanding shares in the company of approx. SEK 16.4 billion.

The offering, which comprised an offering to the general public in Sweden and an offering to institutional investors in Sweden and abroad, consisted shares issued by OX2 and existing shares sold by OX2’s major shareholder Peas Industries AB and minority investors Altor Fund V (No. 1) AB and Altor Fund V (No. 2) AB (together “Altor”).

OX2 develops and sells wind and solar farms. OX2 has taken a leading position in large-scale onshore wind power over the past 16 years and has developed and sold approximately 2.5 GW in Sweden, Finland, Poland and Norway for clients such as Allianz, Ardian and IKEA. By constantly increasing access to renewable energy, OX2 is promoting the transition towards a more sustainable future. OX2 has operations in Sweden, Finland, Poland, France, Lithuania, Norway, Spain, Italy and Romania with its headquarters in Stockholm, Sweden. Sales revenue in 2020 was approximately SEK 5,201 million.

OX2 and Altor were advised by Mannheimer Swartling in the restructuring that was carried out in connection with the offering and the listing.


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