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Norwegian energy firms buys up two offshore wind projects

Image source: Statkraft

Posted on December 1, 2025

Norwegian energy firm Zephyr Renewable has become one of the country’s largest offshore wind developers after acquiring two projects from a compatriot company.

Under the sale with Oslo-based Statkraft, Zephyr will take charge of advancing the Bothnia Offshore Sigma and Lambda North regions located in Sweden’s Bothnian Sea.

Applications for necessary permits related to these projects have already been filed and are now under review by the Gävleborg County Administrative Board.

The firm highlighted that Sweden is experiencing a significant rise in electricity demand, largely prompted by shifts in industry and the push for electrification.

“The offshore wind sector is distinctly suited to satisfy this requirement and will play an essential role in ensuring Sweden achieves its environmental goals,” the firm stated.

Simon Landqvist, the project development manager at Zephyr, said: “The portfolio has great potential, and the expertise Zephyr possesses in offshore wind will now come in handy in the further development of the projects.”

Finalisation of the transaction hinges on obtaining approval for foreign direct investment.

For more information curated from over 275 offshore wind turbine models, including dimensions and wind speeds, click here.

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