European Energy Group has signed an agreement with Swiss asset manager re:cap to sell its Danish solar farm portfolio totalling 70MW.
Image: European Energy Group to sell 70MW Danish solar portfolio. Photo: Courtesy of dlritter/FreeImages.com
The portfolio of eight solar farms was constructed and grid connect earlier this year.
European Energy CEO Knud Erik Andersen said: “We are excited to have signed the agreement for the sale of the Danish solar PV portfolio. This our second transaction with re:cap and we have come to appreciate their attitude and professionalism. I hope we can build on our relationship in the future. ”
re:cap global investors CEO Thomas Seibel said: “Denmark is a world leading country in renewable energy production and the acquisition of this solar PV portfolio is the perfect ending of a successful year for us. We hope that 2019 will bring even more opportunities to deepen our collaboration with the European Energy Group.”
European Energy Group owns 100 % of the solar farms sold which are located in Bornholm, Lolland, Falster, Hjørring, Læsø and Holbæk.
Source: Company Press Release