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.
Key data points: The market size in 2031 = $3 billion, growth forecast = 10.1% annually for the next 7 years. Scroll below to get more insights. This market report covers trends, opportunities, and forecasts in the global wind power coatings market to 2031 by type (polymer coatings, metal coatings, and ceramic coatings), technology (water-based, solvent-based, powder, and UV-cured), application (onshore, offshore, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
Download free sample pagesThrough 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.
