OX2 marks five years of activity in Romania, growing from one employee and one project in 2021 to a local team of nearly 30 professionals and a renewable energy portfolio of more than 1.5 GW.
During this period, OX2 has expanded across the full project lifecycle – from development, permitting and grid connection to commercial structuring, financing, construction and asset management.
Key milestones include Green Breeze (99.2 MW), the first OX2 project in Romania to reach commercial operation, while Ansthall (96 MW) and Urleasca (77 MW) are now progressing through construction. OX2’s Romanian portfolio includes onshore wind, solar and battery energy storage, with approximately 600 MW under construction or approaching construction and around 1 GW in development.
“Five years ago, we started with one employee and one project. Today, we have built a strong local team, trusted partnerships and the capability to deliver several complex projects in parallel. More than the size of our portfolio, this ability to deliver is what defines our progress in Romania”, said Lacramioara Diaconu-Pintea, Country Manager, OX2 Romania.
The company has also invested in building local expertise. For more than three years, OX2 has collaborated with Politehnica University of Bucharest offering long-term internships to students and master’s students, with two former interns already joining the company as full-time employees.
Looking ahead, OX2 plans to continue converting its development portfolio into projects under construction and operation, while expanding across wind, solar and energy storage and further strengthening its local team and partnerships.
“The next five years will be about turning more of our portfolio into operating renewable energy assets. That requires strong teams, investors, banks, authorities, suppliers and communities working together. This is how we intend to continue growing in Romania”, added Lacramioara Diaconu-Pintea.
About OX2 AB
OX2 is a renewable energy company accelerating the transition to a sustainable energy system. Through its integrated model as an independent power producer (IPP), OX2 develops, constructs, owns and manages renewable energy assets across onshore and offshore wind, solar and energy storage.
With a diversified portfolio of approximately 33 GW across development, construction, asset management and operations, OX2 combines entrepreneurial project development with longterm ownership and value creation. The company operates in five European markets and Australia, has approximately 500 employees, and is headquartered in Stockholm, Sweden.
OX2 is owned by EQT, one of the world's largest private equity investors. http://www.ox2.com
