SUSI Partners has completed the sale of the 95MW Lyngsasa wind farm in southern Sweden to Norwegian energy company Equinor. The wind farm, consisting of 22 turbines, generates an average annual power output of 311 GWh, enough to supply electricity to over 60,000 Swedish households, excluding heating.
The Lyngsasa wind farm has contributed to avoiding more than 320,000 tonnes of CO2 emissions to date. SUSI Partners acquired the asset in 2019 at the ready-to-build stage and has now sold it to Equinor after more than five years of asset management.
In addition to the sale, SUSI Partners has commenced the development of a 95MW solar photovoltaic (PV) plant at the same site to enhance the facility’s renewable energy production potential.
Following this transaction, SUSI has sold approximately three-quarters of the assets of its SUSI Renewable Energy Fund II (SREF II) based on invested capital. The fund, launched in 2014, focuses on onshore wind and solar PV projects across Europe, with a portfolio that includes both ready-to-build and operational assets.
SUSI Partners noted that all projects within the SREF II portfolio have established a strong production track record since their respective commercial operations. The company also highlighted its strategy of providing downside protection and cash flow visibility through long-term power purchase agreements and access to feed-in schemes with guaranteed minimum offtake prices. At the same time, SUSI secured exposure to merchant power prices, ensuring upside potential and inflation protection amid high energy prices.
This transaction reflects the ongoing consolidation in the renewable energy sector as large energy companies continue to expand their portfolios of sustainable assets.
