The wind power developer

OX2 is a Swedish company that is expanding the amount of renewable energy available by financing, developing, and managing large-scale renewable power projects. 

Since 2004, OX2 has become a top-tier sustainability company and a leader in renewable wind power in Europe, with over 2.4 GW of wind turbines installed in Europe.

Category

Alternative forms of renewable energy on the market are hydropower and geothermal energy plants, where geo- graphically applicable. While the latter options provide baseload power, and wind does not, wind power is far easier to locate and harness. Wind turbines are also much less expensive to build, own and operate. 

Solar farms are perhaps their biggest competitors, and large-scale solar farms are cost-effective and even easier to install. 

Subcategory 

Other companies offering similar solutions within the subcategory of wind power are: SOWITEC, PPM Energy, ECO2, and others. 

Customers include IKEA, Google, Allianz, Aquila Capital, Fontavis, and Ardian. All of the above companies are working together with OX2, paving the way for a 100% sustainable world. 

OX2 actively works with questions regarding diversity and gender equality. 

Facts

Founded in: 2004
Founded by: Johan Ihrfelt and Thomas Von Otter
CEO: Paul Stormoen
Headquarters: Stockholm, Sweden
Employees 2019/2021: 70/209
Privately Owned By: Mother Organisation Peas Industries
Revenue 2019: 4.9 BSEK
Visit the website of OX2 at: https://www.ox2.com/

Sustainability videos

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Download the full report

With the Sustainability report, we want to recognise companies that not only have a great innovation or solution that has a significant impact on lowering CO2 emissions, but also have put in place measures to scale and commercialise.

The companies in the report have been thoroughly researched by the Megadeals team through interviews with highly ranked profiles within the organisations.

The key principle is that only when the great sustainability innovations scale and commercialise they can create a deep impact and the world a better place.

Why is this important? We simply don't have time to wait.