O2 Vind founders Johan Ihrfelt, left, and Thomas von Otter could control 18% of the listed company Photograph: O2 Vind

O2 Vind gears up for potential $168m listing in Stockholm

O2 Vind has applied for an initial public offering (IPO) on the Nasdaq OMX exchange in Stockholm, aiming to raise SKr950m–SKr1.2bn ($133m–$168m). The listing is aimed at helpign the company to achieve a target of developing 1-gigawatt (GW) of wind power by 2015.