About OX2
OX2 is a publicly listed company based in Stockholm (Sweden) founded in 2004 by Johan Ihrfelt. It operates as a wind and solar energy projects are developed by OX2. The company has 1 employees. OX2 has completed 1 acquisition, including ESCO Pacific. Its chief executive is Paul Stormoen. Its website ox2.com draws about 22 thousand monthly visits. OX2 offers products and services including Onshore Wind Power, Offshore Wind Power, Solar Power, and Energy Storage. Its focus areas include Energy, Solar Energy, Project Development Services and Project Developers. Its competitors include Alight, Liquid Wind, Eolus Vind, Triventus and Solkompaniet and 4 more; 5 of its 9 listed competitors have raised funding.
Company details
OX2 was founded in 2004 in Stockholm, Sweden, where operations in the renewable energy sector are centered. Wind and solar power projects are developed across various stages, from site assessment to construction and operation. Focus is placed on onshore and offshore wind farms as well as utility-scale solar installations. Leadership is provided by co-founder Johan Ihrfelt and CEO Paul Stormoen, with activities spanning Europe and emerging markets.
- Annual Revenue$129.09 K (USD)0as on Dec 31, 2023
- Net Profit$8.68 K (USD)0as on Dec 31, 2023
- Investors
- Employee Count1
- Investments & Acquisitions
Products & Services of OX2
OX2 offers a comprehensive portfolio of products and services, including Onshore Wind Power, Offshore Wind Power, Solar Power, and Energy Storage.
Development and management of onshore wind projects for energy generation
Development of offshore wind farms for sustainable power production
Installation and management of solar systems for clean energy output
Provision of energy storage solutions to support grid stability
Funding Insights of OX2
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of OX2 with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2020 | – | Seed | – | Altor Equity Partners | – |
1 investors in total: 1 institutional.
Investors in OX2
OX2 has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Altor.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Altor is engaged in private equity investments across multiple sectors. | – | altor.com | Stockholm, Sweden |
Investor details for OX2
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People of OX2
2 people are tracked at OX2 (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Johan Ihrfelt | Co-Founder | Leadership |
Paul Stormoen | CEO | Leadership |
Complete people profiles for OX2
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Investments & Acquisitions by OX2
OX2 has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ESCO Pacific.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Solar farms are developed by ESCO Pacific in Australia. | escopacific.com.au | Richmond, Australia | 2015 | Mar 2023 | $84.39M |
Complete acquisition details for OX2
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Timeline of OX2
4 dated milestones of OX2 across 19 years, from founding to its latest funding, stage changes and deals.
- Founded OX2 is founded.
- Funding First funding round.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires ESCO Pacific.
Competitors of OX2
OX2 has 9 listed competitors in our database, 5 of them funded. They include Alight, Liquid Wind, Eolus Vind, Triventus and Solkompaniet, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| alight-energy.com | 2013 | Stockholm, Sweden | $14M | – | Solar solutions are provided for energy-intensive businesses by Alight. | |
| liquidwind.com | 2017 | Gothenburg, Sweden | $66.35M | – | Liquid Wind is recognized as a leading eFuel facility developer. | |
| eolusvind.com | 1999 | Hassleholm, Sweden | – | – | Developer of wind power projects | |
| triventus.com | 2003 | Falkenberg, Sweden | $18.61M | – | Turnkey wind project development and consulting services are provided. | |
| solkompaniet.se | 2010 | Stockholm, Sweden | $1.2M | – | Distributed solar energy projects are developed for various scales. | |
| oresundskraft.se | 1996 | Helsingborg, Sweden | – | – | Developer of solar and wind energy projects | |
| samster.se | 2013 | Lindome, Sweden | $371,449 | – | Provider of public access television and media production services | |
| vattenfall.com | 1909 | Stockholm, Sweden | – | 397 | Heat and power generating services are provided by Vattenfall. | |
| jamtkraft.se | 1889 | Ostersund, Sweden | – | – | Solar panels and related products are installed by the company. |
Detailed competitors of OX2
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Web traffic of OX2
The website of OX2 (ox2.com) receives about 22K visits a month.
- Monthly visits22K
▲ 1.7% vs previous month
Websites whose visitors overlap most with OX2. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| renewableenergymagazine.com | 100% | – | #954,197 | View details | |
| gepower.com | 98% | – | #564,739 | View details | |
solenerginyheter.se | solenerginyheter.se | 97% | – | #1,098,136 | – |
| gramwzielone.pl | 97% | 477.5K | #155,330 | View details | |
kronfonster.com | kronfonster.com | 71% | – | – | – |
Top companies in Renewable & Sustainable Energy
10 companies that operate in the same segment as OX2 (Renewable & Sustainable Energy), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 1.96 B | – | – | |
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168 M | – | – | |
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed and operated by Lightsource BP. | 2010 | London, England, United Kingdom | USD 417.9 M | – | – | |
Solar energy solutions and financing are provided for off-grid communities. | 2004 | Nairobi, Kenya | USD 118.02 M | USD 26.54 M | 103 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 374.18 M | USD 2.77 B | 8,690 | |
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | – | 1,276 | |
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
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Related news about Ox2
Complete news archive for OX2
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Frequently Asked Questions about OX2
OX2 was founded in 2004 and raised its 1st funding round 16 years after it was founded.
OX2 is headquartered in Stockholm, Sweden.
Paul Stormoen is the current CEO of OX2.
Annual revenue of OX2 is $129.09K as on Dec 31, 2023.
OX2 was founded in 2004 in Stockholm, Sweden, where operations in the renewable energy sector are centered. Wind and solar power projects are developed across various stages, from site assessment to construction and operation. Focus is placed on onshore and offshore wind farms as well as utility-scale solar installations. Leadership is provided by co-founder Johan Ihrfelt and CEO Paul Stormoen, with activities spanning Europe and emerging markets.
OX2's top competitors include Vattenfall, Alight and Liquid Wind.
OX2 offers Onshore Wind Power, Offshore Wind Power, Solar Power, and Energy Storage.
OX2 has made 1 acquisition, including ESCO Pacific.
OX2 has 1 investor. Key investors include Altor.