Njordr | Development profile, Portfolio, Current Projects

Njordr is a leading renewables developer in the Nordics, headquartered in Oslo (Norway). The firm was founded in 2017 and has projects in Sweden, Finland and Norway. The company is a subsidiary of Vanir Green Industries.

Joint venture with OX2 for wind power project in Sweden

Njordr and OX2 have agreed to develop the Galmsjömyran wind power project in Sweden, with a focus on local benefits and biodiversity initiatives. The project, reduced to 17 turbines to protect birds, is set to produce 360GWh annually by 2028, which will meet nearly 40% of Sandviken's electricity needs. Njordr, holding a 49% stake, aims to support green industry and jobs in the Nordic region, while OX2 (51% stake) emphasizes the project's potential to foster regional growth and new businesses. Both companies highlight the project's contribution to fossil-free electricity and regional development.