Equinor acquires onshore wind farm in southern Sweden
Equinor has acquired the operational 95 MW Lyngsåsa wind farm from SUSI Partners.
The acquisition is in line with Equinor’s onshore renewables strategy of being a market driven power producer across select markets in Europe and the Americas.
The wind farm generates around 300 GWh annually, which corresponds to approximately 10% of Equinor's renewable power production for 2024. The produced power will be sold in the southern Swedish spot market and increases Equinor’s merchant exposure with immediate operational cashflows.
Through the transaction, Equinor takes 100% ownership of the special purpose vehicle company Lyngsåsa Kraft AB. BayWa r.e will continue its role as technical and commercial manager of the wind farm on behalf of Equinor.
The transaction has been granted the necessary regulatory approvals and was closed on 19 March 2025.
Latest news
Invitation to send estimates for third quarter financial results
Equinor invites analysts with coverage of the company to provide estimates for the third quarter adjusted results.
Investigation of the Melkøya fall accident
Equinor's internal investigation of the fall accident at Hammerfest LNG is finalized. A number of measures have been initiated to capture lessons learned from the serious incident.
New technology increases gas recovery on Åsgard
Equinor and partners in Åsgard and Mikkel licences have started phase 2 of Åsgard subsea compression in the Norwegian Sea.