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Ikea Owner Buys Brighton Shopping Mall Its Second In The Uk Digimashable Ox2 has agreed with ingka investments, the investment arm of ingka group, the biggest ikea retailer, to sell a 49 per cent stake in next generation swedish offshore wind projects. the transaction includes the pleione offshore wind projects, located east of gotland, and neptunus, located southeast of blekinge which amounted to 2.4 gw in ox2’s. Ingka group, the owner of most ikea stores worldwide, on monday said it has agreed to buy a 49% stake in three wind development projects offshore sweden from renewables development company ox2 for.
Ikea Owner Ingka S Profits Rise After Price Hikes Ikea owner cleared to buy stake in 9 gw offshore wind portfolio. sweden headquartered ox2 has secured regulatory clearance to sell a 49 per cent stake in an up to 9 gw portfolio of offshore wind projects to the investment arm of ingka group, the largest retailer in the ikea franchisee system. the deal is expected to be completed within two weeks. Ingka investment, the investment arm of ikea owner ingka group, has agreed to buy a 49% stake in two more large baltic sea wind projects in sweden from ox2, which could combine offshore wind with hydrogen and e fuel production. the nordic developer will receive an initial payment of about skr230m ($22.3m) for the stakes in the pleione project. The transaction includes the offshore projects pleione located east of gotland and neptunus located southeast of blekinge, which amounted to 2.4 gw in ox2’s development portfolio in q3 2023. Ikea owner ingka investments has agreed to buy a 49% stake in three finnish offshore wind projects being developed by ox2. the three projects are located in the gulf of bothnia in the finnish exclusive economic zone. it will have a potential to reach total installed capacity of about 6,000 mw.
Ikea Owner Bags Share Of Massive Offshore Wind To Supply A Third Of The transaction includes the offshore projects pleione located east of gotland and neptunus located southeast of blekinge, which amounted to 2.4 gw in ox2’s development portfolio in q3 2023. Ikea owner ingka investments has agreed to buy a 49% stake in three finnish offshore wind projects being developed by ox2. the three projects are located in the gulf of bothnia in the finnish exclusive economic zone. it will have a potential to reach total installed capacity of about 6,000 mw. Ox2’s gigascale swedish offshore wind projects with the investment arm of ikea owner ingka group have a different “cost and revenue base” compared to us projects that were recently cancelled, and are “attractive” from a market perspective, the nordic developer’s ceo told recharge. The investment arm of ikea owner ingka group has obtained merger clearance for its planned acquisition of a 49% stake in a 9gw offshore wind pipeline in sweden from developer ox2. the transaction is now expected to close within two weeks, ox2 said.
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