OX2 OX2
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The news check keeps the assessment current.
General analysis — not personal advice.
No direct position possible; consider indirect exposure via EQT AB or listed infrastructure/renewables vehicles.
OX2 has been delisted since October 2024 and is owned by EQT, making direct public investments impossible and justifying the review signal.
Sentiment remains neutral; construction starts in solar/BESS provide some support but limited transparency as a private company dampens interest.
NEUTRAL is the call. Neutral is the market mood. Medium risk means some things can go wrong.
About the company
OX2 develops, builds and manages wind, solar and energy storage projects, and provides operations and maintenance services. The company is shifting toward owning operational assets (an IPP model) to generate more recurring revenues. OX2 was delisted from Nasdaq Stockholm in October 2024 after EQT acquired the company.
Bull case
Project transactions and construction starts confirm continued execution of the IPP strategy under EQT.
Bear case
Lack of public reports and share trading limits transparency and investability for external parties.
Why this signal
OX2 has been delisted since October 2024 and is owned by EQT, making direct public investments impossible and justifying the review signal.
Recent news
OX2 acquired two battery storage facilities totalling 200 MW/800 MWh in Apulia, Italy, from Hanwha Energy Europe with construction start Q2 2027. At the same time the company sold the 77 MW Urleasca wind farm in Romania to Scatec ASA with construction start Q3 2026.