OX2 starts construction of 135 MW solar farm, 100 MW battery project in Australia

• OX2 started construction of the Muswellbrook Solar Farm & Battery in New South Wales, a 135 MWac solar project paired with a 100 MW battery energy storage system.
• The project targets annual output of about 347 GWh, enough to supply roughly 52,000 homes.
• A long-term hybrid power purchase agreement is in place with an international offtaker, covering both solar generation and battery storage.
• MUFG is acting as sole structuring coordinator, mandated lead arranger, underwriter, and bookrunner for the project financing.
• Completion is expected in 2028, with the site largely on land previously tied to coal mining operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OX2 AB (publ) published the original content used to generate this news brief on May 18, 2026, and is solely responsible for the information contained therein.