SUSI Partners has sold the 95 MW Lyngsåsa wind farm, located in the south of Sweden, to Norwegian energy company Equinor. With this transaction, SUSI has now successfully exited three quarters of the SUSI Renewable Energy Fund II’s (SREF II) assets.
The Lyngsåsa wind farm consists of 22 turbines combining for an average annual power production of 311 GWh. This is enough to cover the electricity consumption of more than 60,000 Swedish households (excluding heating), and accounts for more than 320,000 tonnes of avoided CO2 emissions to date.
SUSI acquired the asset in 2019 at ready-to-build stage.
As part of its active asset management approach and commitment to value creation, SUSI has also started the development of another 95 MW solar PV plant in Lyngsåsa, thereby further enhancing the site’s renewable energy generation potential.
SUSI launched SREF II in 2014 and built a well-diversified portfolio of operating onshore wind and solar PV assets located across Europe. Projects were acquired at ready-to-build and operating stages and have all built up a robust production track record since their respective start of commercial operations.