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Announced

Completed

Lundin Energy completed the acquisition of wind farm in Karskruv from OX2.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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renewable energy

Acquisition

Private

Domestic

Friendly

Completed

Single Bidder

Majority

Sweden

Renewable Energy Equipment

Synopsis

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Lundin Energy, an oil and gas exploration and production company, completed the acquisition of a wind farm in Karskruv from OX2, a renewable power generation company. Financial terms were not disclosed. “We are very pleased to be partnering with OX2 again and are excited that our latest renewable energy project is in our home country of Sweden. We are committed to be carbon neutral from 2025 and the Karskruv project is a key deliverable for this ambition,” Nick Walker, Lundin Energy President and CEO.

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