Augusta & Co is pleased to announce its role as exclusive financial adviser to OX2 in securing project financing to enable construction start for three onshore wind farms in Finland totalling 277MW.
It follows the €600 million financing of two of OX2’s Finnish wind projects completed earlier this year. In total, OX2 has raised over €900m in the Finnish market in 2025 for 750MW of greenfield onshore wind with support from Augusta & Co.
OX2 mandated Augusta & Co in May 2025 to close the financing in early December to maintain the construction schedule for the wind farms. Augusta & Co successfully secured committed financing from a diverse club of leading European lenders, encompassing KfW IPEX-Bank, NatWest, Nordea, and SEB. The exceptional speed of execution, particularly for a transaction of this scale and complexity, underscores both OX2’s market-leading position as a Sponsor and the dedication of all the lenders and stakeholders involved.
Matthias Taft, CEO at OX2 AB commented: “The investment underlines our commitment to Finland and to being a long-term owner of renewable energy assets. The projects are a substantial addition to our portfolio and an important step in our growth journey under the new strategy.”
Shyam Sankar, Managing Director at Augusta & Co commented: “It has been a pleasure to work with the exceptionally talented OX2 team, and to continue to support their exciting transition from a developer to IPP.”
Contact:
Shyam Sankar: SSankar@augustaco.com