On June 23, 2021, the first day of trading in OX2 AB's (publ) shares on Nasdaq First North Growth Market occurred. The IPO attracted strong interest from Swedish and international institutions as well as the general public in Sweden. The price in the offering was SEK 60 per share, corresponding to a total market value of the company of approximately SEK 16.4 billion.
OX2 develops and sells wind and solar farms. The company has taken a leading position in large-scale onshore wind power over the past 16 years and has developed and sold approximately 2.5 GW in Sweden, Finland, Poland and Norway for clients such as Allianz, Ardian and IKEA.
ABG Sundal Collier AB and Carnegie Investment Bank AB (publ) acted as Joint Global Coordinators and Joint Bookrunners while Danske Bank A/S, Danmark, Sverige Filial and Skandinaviska Enskilda Banken AB (publ) acted as Joint Bookrunners. Baker McKenzie acted as legal advisor to the Joint Bookrunners as to Swedish and US law with an international capital markets team consisting of Joakim Falkner, Johanna Flink and Stefan Balazs from Stockholm as well as Adam Farlow and Charles Farnsworth from London.