European Energy signs deal to sell 55 MW solar project in Denmark

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

European Energy has entered into an agreement for the sale of a 55 MW solar photovoltaic project located in Denmark. 

The solar farm was connected to the grid in January 2022 and is designed to generate enough for up to 15,000 homes. The closing of the deal is expected to take place before the end of 2022.

European Energy’s financial guidance for 2022 remains unchanged at an EBITDA of EUR135 million (US$143.3 million) and profit before tax of EUR100 million (US$106.16 million). The Danish company develops, builds, and operates wind power and solar energy plants in several countries, including Sweden.

List of the country updates

Country updates

  • December 22, 2022

    Encavis reaches ready-to-build status of 140 MW solar project in Brønderslev

    Encavis AG has reached ready-to-build status for its 140 MW solar photovoltaic project located in Brønderslev in North Jutland, Denmark.  The solar farm is the second successful...

    Read more
  • December 21, 2022

    Encavis AG reaches ready-to-build status for 140 MW solar project in North Jutland

    Encavis AG, in partnership with GreenGo Energy, has achieved the ready-to-build (RTB) status for the approximately 140 MW solar photovoltaic (PV) project in North Jutland, Denmark. The solar farm wil...

    Read more
  • November 28, 2022

    Kyoto Group installs thermal battery project in Nordjylland

    Kyoto Group has announced the installation of the Heatcube thermal energy storage at Nordjyllandsvaerket (NJV) in Vodskov, Nordjylland, Denmark. The salt in the circulation system tanks has completel...

    Read more
  • October 24, 2022

    Encavis secures financing for two Danish solar PV projects

    Encavis AG has concluded non-recourse project finance for two solar photovoltaic projects in Denmark: the 34 MWp Svinningegarden project in the northwestern part of Zealand and the 71 MWp Rodby Fjord...

    Read more
  • October 17, 2022

    RWE selects preferred suppliers for 1 GW offshore wind project off Thorsminde

    RWE has selected preferred suppliers for the 1 GW Thor offshore wind project in Denmark. The company will construct the offshore scheme roughly 22 km west of Thorsminde on the west coast of Jutla...

    Read more

Share this update