OX2 is a leading wind power projector with a track record of nearly 1600 MW. OX2 develops, builds and operates wind farms for different investors. Each project is optimized both technically and financially by attracting the most competitive funding through an investment case. Project Valhalla is OX2's largest wind power project so far and will become one of Europe's largest when it's completed.
Newsec acted as exclusive financial advisor to OX2 in the transaction of Project Valhalla which will include 85 wind turbines with a total installed power of approximately 357 MW. Newsec's mandate included running the M&A process as well as structuring the investment case including power purchase agreements (PPA) and loan financing. Project Valhalla is Newsec's ninth mandate for OX2 and the third transaction with OX2 and Aquila Capital.