European Energy Sells 50% Stake in German Wind Project to QEEE Fund

 European Energy has signed an agreement to divest an onshore wind project in Germany to the Quadoro Erneuerbare Energien Europa (QEEE) fund, which is jointly operated by Quadoro Investment GmbH and EB – Sustainable Investment Management GmbH (EB-SIM). 

The project is located in Saxony-Anhalt and has a total planned capacity of 32.8 MW. The wind park will consist of six turbines supplied by Nordex Group, including two Nordex N163/6.8 TCS164 turbines and four Nordex N133/4.8 TCS164 turbines.

The project obtained an EEG tariff in December 2024 under Germany’s renewable energy scheme. Early site works are already underway, including preparations for crane pads and turbine foundations, with major construction scheduled to commence in Q2 of 2026. The wind farm is expected to become operational between November 2026 and February 2027. European Energy will continue to oversee the project’s construction and delivery through to commissioning, and will also handle asset management once the project is operational.

European Energy operates over 160 onshore wind assets across Germany, maintaining majority ownership in more than 100 of them, with a combined capacity exceeding 500 MW for those majority-held projects. As of December 2025, the company has 118 MW of onshore wind capacity under construction in the country, alongside a broader development pipeline of approximately 2.2 GW spanning onshore wind, solar, and battery storage projects. Legal counsel for the transaction was provided by Bird & Bird, while project financing has been arranged through Landesbank Baden-Württemberg.