Cloudberry and OX2 Form Strategic Partnership for Duvhällen Wind Project in Sweden
OX2 has acquired 60 percent of the shares in the Duvhällen wind power project, a 60 MW renewable energy initiative in Eskilstuna, Sweden, from Cloudberry Clean Energy ASA (Cloudberry). This acquisition marks the beginning of a strong partnership between two experienced players in the renewable energy sector.
Duvhällen is a project that Cloudberry has developed from the ground up, with deep local roots in Eskilstuna and a dedicated team on site. “To now welcome OX2, one of Sweden’s most experienced developers, as a partner means that together we can realize the project and secure new, renewable electricity production for SE-3, where the need is greatest,” says Charlotte Bergqvist, Country Manager Sweden, Cloudberry.
“This is an exciting project, and we look forward to bringing it to life together with Cloudberry. By combining our experiences and capabilities, we aim to quickly develop new renewable energy in price area SE-3, where there's a strong need for emissions-free electricity to support growing businesses and industry, says Emelie Zakrisson, Country Manager Sweden, OX2.
The fully permitted Duvhällen wind project is located in price zone SE-3, an area with significant demand for new electricity production. Once operational, expected in 2028, the wind farm will generate approximately 150 GWh of renewable electricity annually.
Looking ahead, the partners will explore opportunities to develop the project further by combining wind power with solar energy and battery storage, creating a hybrid system for even greater supply reliability. Wind and solar power complement each other, and together with battery storage, they will help establish a more resilient and sustainable energy solution.
Cloudberry will receive a payment of approximately NOK 1 million per sold MW pending certain conditions, as settlement for the shares.
Contact Cloudberry:
Charlotte Bergqvist, Country Manager Sweden, cb@cloudberryenergy.se, +46 70-364 19 68
Ole-Kristofer Bragnes, CFO, okb@cloudberry.no, +47 917 03 415