Equinor expands its renewable portfolio with Swedish wind farm acquisition
Deal News | Mar 24, 2025 | CMS
Equinor, a leading energy company in Europe headquartered in Norway, has acquired the 95 MW Lyngsåsa onshore wind farm situated in Alvesta, southern Sweden, from SUSI Partners. This move expands Equinor's renewable energy portfolio. The wind farm has been operational since September 2021 and includes 22 turbines, collectively producing about 300 GWh annually. CMS, with one of the world's largest energy law practices, advised Equinor on this transaction. Munir Hassan, the Head of the CMS Energy & Climate Change Group, expressed their satisfaction in assisting Equinor, highlighting their expertise in renewable energy strategic transactions. The collaborative effort featured a cross-disciplinary team from CMS, led by Munir Hassan and Vitalii Mainarovych, and included specialists from multiple jurisdictions across CMS offices globally. CMS has a well-established reputation in dealing with complex and high-value energy projects, providing Equinor with comprehensive legal support in this sustainable energy deal.
Sectors
- Renewable Energy
- Legal Services
Geography
- Sweden – The location of the Lyngsåsa onshore wind farm which is the subject of the acquisition.
- Norway – The headquarters of Equinor, the acquiring company in this transaction.
Industry
- Renewable Energy – The acquisition of the Lyngsåsa wind farm by Equinor signifies a strategic expansion in renewable energy, particularly wind energy.
- Legal Services – CMS, a legal advisory firm, played a crucial role in advising Equinor on the acquisition, emphasizing the involvement of legal services in M&A transactions in the renewable sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Equinor | Buyer | Company | A Norwegian energy company and the largest supplier of energy to Europe, acquiring the Lyngsåsa wind farm. |
| SUSI Partners | Seller | Company | The company from which Equinor acquired the Lyngsåsa wind farm. |
| CMS | Legal Advisor | Company | A global law firm advising Equinor in the acquisition of the wind farm, known for its expertise in energy and climate change. |
| Munir Hassan | Head of the CMS Energy & Climate Change Group | Person | Led the CMS team advising Equinor on this transaction. |