The Pexapark Podcast The Next-Gen IPP Podcast Series | OX2’s Mehmet Energin
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Dec 2, 2025 Mehmet Energin, Chief Investment Officer at OX2, discusses the exciting transition of OX2 from a pure developer to an active Independent Power Producer (IPP). He explains how market shifts and EQT’s acquisition are driving this change. Mehmet dives into the importance of capabilities like portfolio optimization and merchant risk management. He highlights the role of digital tools in smarter asset management and shares insight on attracting talent in a volatile landscape. This conversation offers a fresh perspective on the future of renewable energy.
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Why OX2 Returned To IPP
- OX2 returned to the IPP model because asset ownership now captures more value during structuring and operations.
- Mehmet says higher rates, scarce capital and volatility make active ownership more valuable.
Volatility Raises Value Of Active Owners
- Market volatility and rising interest rates force owners to manage merchant risk actively.
- Mehmet stresses you need a market view and the ability to manage shocks and costs.
Align Equity Story First
- Build an aligned equity story and clear long-term strategy before scaling as an IPP.
- Mehmet advises aligning shareholders and defining how your capital deployment creates value.