Transaction Manager
OX2
Company Overview
What They Do
OX2 is a prominent renewable energy developer that specializes in wind power, having established its foundational expertise in this area since its inception in 2004. The company has developed and initiated construction on approximately 3.9 GW of onshore wind projects aimed at industrial and institutional customers, while also expanding its portfolio to include offshore wind, solar power since 2018, and energy storage solutions such as battery energy storage systems (BESS) (source: ox2.com). OX2 provides comprehensive end-to-end services across the renewable energy value chain, which encompasses financing, permitting, construction, technical and commercial management, and the sales of turnkey projects. This includes notable hybrid projects like the 119 MW solar plus 100 MW BESS SEC Renewable Energy Park Horsham in Australia (source: ox2.com). The company targets markets across Europe and Australia, catering to industrial customers, institutional investors, and utilities through power purchase agreements (PPAs), including significant contracts with major corporations like Google (source: renewables.digital). OX2 has established itself as Europe's leading developer of large-scale onshore wind projects since 2015, with over 3.2 GW developed and sold historically, leveraging its full value-chain integration and competitive pricing strategies (source: peas.com).
Projects & Track Record
OX2 has successfully completed numerous notable projects across Europe and Australia, including a variety of onshore wind farms such as Riberget in Ljusdal, Sweden; Ribäcken in Maalahti, Finland; and Rustari in Kurikka, Finland. Other significant projects include solar initiatives like the Ross River Solar Farm in Townsville, QLD, Australia, and the Wyalong Solar Farm in Wyalong, NSW, Australia (source: ox2.com). Currently, OX2 is engaged in major projects such as a 277 MW onshore wind initiative in Finland, which recently commenced construction, and several wind and battery storage projects in regional Western Australia. The company is also developing onshore wind projects like Skarpen in Ljusdal, Sweden, and Ukonpalo in Kuusamo, Finland, alongside solar projects like the Summerville Solar Farm in Rappville, NSW, Australia (source: renewables.digital). OX2's strategic partnerships with clients such as Google and Ellevio for offshore wind projects further solidify its competitive position in the renewable energy sector (source: renewables.digital).
Recent Developments
In the past two years, OX2 has made significant strides in its project portfolio, including the initiation of construction on a 277 MW onshore wind project in Finland and the acquisition of three wind power projects in Romania. The company has also secured contracts for major wind and battery storage projects in Western Australia and completed its first BESS in southern Sweden in 2024, while divesting another in Finland (source: ox2.com). Additionally, OX2 expanded its footprint by purchasing over 500 MW of solar and wind projects in Greece in March 2022, further enhancing its operational capabilities in the region (source: renewables.digital). In 2024, EQT Infrastructure VI made a strategic investment in OX2 to support its transition towards becoming an asset owner, which is expected to bolster the company's growth trajectory in the renewable energy sector (source: eqtgroup.com).
Working There
OX2 offers a diverse range of roles across various departments, including development, financing, permitting, construction, technical and commercial management, and operations. The company emphasizes a knowledge-based culture that promotes empowering leadership, open dialogue, and respect for local communities (source: ox2.com). Hiring occurs at its headquarters in Stockholm and other European hubs, including Finland, Poland, Romania, Greece, and Italy, as well as in Australia, particularly in Queensland and New South Wales, where active projects are underway (source: ox2.com). The company prides itself on its workforce diversity, with 42% of its staff being women and 38% in management positions, and it focuses on local job creation in areas surrounding its projects (source: altor.com). While specific employee benefits are not publicly detailed, OX2 encourages applications through its website, highlighting growth opportunities in expanding markets and technologies (source: ox2.com).
Last updated on Feb 23, 2026 | Report an issue
Job Description
The Transaction Manager leads M&A transactions - both acquisitions and divestments - across OX2's Nordic portfolio of onshore wind, solar PV and battery storage (BESS) projects. The role owns transactions end to end, from origination and structuring through due diligence, negotiation and signing to final investment decision and financial close. The Transaction Manager is accountable for transaction and project management, business case preparation and financial modelling, the preparation of decision materials and the drafting and negotiation of transaction agreements. To succeed in the role, the Transaction Manager must have extensive knowledge of M&A processes and the full renewable energy value chain - development, permitting, grid, financing and route-to-market - together with the ability to lead and coordinate cross-functional teams and external advisers.
Responsibilities
Key focus areas and responsibilities include, but are not limited to, the following:
- Lead acquisition and divestment processes end to end - from origination and valuation through structuring, due diligence, documentation and negotiation to signing, conditions precedent and financial close
- Lead transaction project teams, including junior colleagues and external advisers (legal, financial, technical, tax and commercial), owning the deal timeline and coordination across workstreams
- Own structured sale and acquisition processes, including teasers, information memoranda, process letters, management presentations, data room (VDR) and Q&A management, and the evaluation of indicative and binding bids
- Lead and support best-practice financial modelling of renewable energy projects - covering project and equity returns (IRR/NPV), P50/P90 production cases, DSCR, gearing, WACC and EV/MW and EV/EBITDA benchmarking - with accuracy, transparency and alignment to investment criteria
- Lead the preparation of transaction memos, business cases and presentations for the executive team, board and investment committee, and obtain the required transaction approvals
- Lead the drafting and negotiation of transaction documentation (NBO, term sheets, APA, SPA, shareholder/JV agreements, disclosure and W&I-related items) in coordination with legal advisers
- Lead and support financing workstreams, engaging with lenders, investors and off-takers to optimise project financing and route-to-market (PPA) solutions
- Work closely with the development, finance, project delivery, EPC and asset management teams to align transaction strategy with corporate and investment objectives
- Ensure compliance with OX2's investment policies, governance, applicable regulation and industry best practice
Qualifications
- Master's degree in business/economics, engineering or a related field
- Typically 5-8 years' relevant experience in renewable energy, infrastructure M&A, project finance or transaction advisory within the relevant markets
- Proven ability to lead transactions end to end, including negotiation and final investment decision / financial close
- Strong financial modelling and valuation expertise applied to renewable energy assets
- Experience leading projects, cross-functional teams and external advisers
- Strong interpersonal and communication skills, with the ability to build trusted relationships with internal and external counterparties and convey messages clearly and professionally
- Sound commercial judgement and problem-solving ability in a fast-paced, continuously evolving landscape, with the initiative to test and improve ways of working
- Native or fluent in the relevant local Nordic language and fluent in English
- Advanced skills in the MS Office package, particularly Excel and PowerPoint. Experience in leveraging AI tools in daily work
What We Offer
- Work at the core of investment decision-making in renewable energy
- Exposure to high-impact projects and leading market participants
- Collaborative, flexible and inclusive work environment
- Opportunities for professional development and growth within an international company
Application and Recruitment Process
If you are already a transaction professional ready to develop your skills at the core of the Nordic energy market, this is the role for you.
At OX2, we believe diverse perspectives strengthen our teams and lead to better decisions. We welcome applicants from all backgrounds and encourage everyone with the right competence and experience with the permission to work in the EU to apply.
Our recruitment process is competence-based, which means the qualifications for the role guide the selection and evaluation of candidates. Based on that, we conduct assessments as part of the process to make sure that our process is fair, unbiased, and data driven.
We will review and interview candidates continuously, so please do not hesitate to send your application today.
Apply now
Job expired?Please let OX2 know you found this job on Rejobs. It helps us grow and get more people working in renewable energy.
Apply now
Job expired?Please let OX2 know you found this job on Rejobs. It helps us grow and get more people working in renewable energy.
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About the role
June 24, 2026
June 24, 2026
Full time
Flexible
Company
Solar Energy, Wind Energy, Energy Storage
- Helsinki, Finland
- Tampere, Finland
- Mölndal, Sweden
- Malmö, Sweden
- Oulu, Finland
- Stockholm, Sweden
- Vasa, Finland
5-8 years
UTC+02:00 – UTC+03:00