SUSI Partners has sold the 95-megawatt Lyngsåsa wind farm in Sweden to Norwegian energy company Equinor. Financial terms were not disclosed.
The Lyngsåsa wind farm, located in the south of Sweden, consists of 22 turbines, which combine for an average annual power production of 311 gigawatt hours — enough to cover the electricity consumption of more than 60,000 Swedish households (excluding heating). This also accounts for more than 320,000 tonnes of avoided carbon-dioxide emissions to date. SUSI acquired the asset in 2019 at the ready-to-build stage.
With this transaction, SUSI has now successfully exited three-quarters of the SUSI Renewable Energy Fund II’s (SREF II) assets. SREF II is a €382.5 million ($416 million) fund targeting renewable-energy investment in Europe. The fund was launched in 2014 and has built a diversified portfolio of operating onshore wind and solar photovoltaic (PV) assets. Projects were acquired at ready-to-build and operating stages a
