Published: 2022-04-06 08:30:00 CEST
Nasdaq Nordic
Investor News

Nasdaq Stockholm Welcomes OX2 to the Nasdaq Main Market

Stockholm, April 6, 2022 – Nasdaq (Nasdaq: NDAQ) announces that trading in OX2 AB’s shares (short name OX2) commences today on the Nasdaq Stockholm Main Market. The company belongs to the Energy sector and is the 24th company to be admitted to trading on Nasdaq’s Nordic markets* in 2022.

OX2 develops, constructs, and sells onshore and offshore windfarms and solar PV farms. OX2 also offer management of wind- and solar farms after completion. OX2’s project development portfolio consists of in-house developed as well as acquired wind and solar projects in various phases of development. The company is also active in developing projects based on other renewable energy technologies, such as hydrogen and energy storage. OX2 is operating on ten markets in Europe: Sweden, Norway, Finland, Lithuania, Poland, Romania, France, Spain, Italy and Greece. Sales in 2021 was about 5 billion SEK. The company has almost 300 employees and is headquartered in Stockholm, Sweden.

“We have an ambitious goal to double our yearly sales of projects, corresponding to an average effect of 1,500 MW until 2023-2024,” said Paul Stormoen, CEO of OX2. Based on our history and our stable growth we are looking forward to do this on Nasdaq Stockholm, and thereby contributing to the energy transition and curbing climate change.”

“OX2 has been listed with us since they came to the First North Premier Growth Market in 2021 and we are happy to now call them a Main Market company,” said Adam Kostyál, Head of European Listings at Nasdaq. “They have shown impressive growth. In 2021 they were the largest Premier company in terms of capital raised and they have continued to show their ability to attract new shareholders. We look forward to follow their journey as a Main Market company.”

*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm

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