ABG Sundal Collier acted as Joint Global Coordinator and Joint Bookrunner in the SEK 5.0 billion IPO of OX2 on Nasdaq First North Premier Growth Market

OX2 AB (publ) (“OX2”), the leading European renewables developer, has successfully completed its initial public offering (“IPO”) on Nasdaq First North Premier Growth Market. The IPO of OX2 was the largest renewables IPO in Sweden to date and the largest in the Nordics since 2006. The IPO attracted great interest from Nordic and international institutional investors, as well as the general public in Sweden, and was significantly oversubscribed. Trading commenced on 23 June 2021.
The IPO was priced at SEK 60 per share, which corresponds to a total value of approximately SEK 16.4 billion for all outstanding shares in OX2 after the completion of the IPO. The cornerstone investors Afa Försäkring, BNP Paribas Energy Transition Fund, Danica Pension, Livsforsikringsaktieselskab, Handelsbanken Fonder AB, Lannebo Fonder AB, Livförsäkringsbolaget Skandia, ömsesidigt, Länsförsäkringar Fondförvaltning and Skandia Fonder AB  acquired shares in the IPO corresponding to an aggregate value of SEK 2,250 million.