OX2 AB (publ) sells its first offshore wind projects to Ingka Investments, who acquires a 49% stake in three projects in Sweden. The projects will have the potential to reach a total installed capacity of up to 9,000 MW. OX2 will receive an initial payment of SEK 610 million.

The transaction is expected to impact operating income positively with SEK 584 million in the second half of 2022. Following the completion of the transaction, the company expects operating income for the full year 2022 to be slightly above SEK 1,000 million.