European Energy to sell 25.2-MW wind farm in Denmark

Vestas V126-3.3 MW, in Denmark , Photo by Vestas. All rights reserved.

November 23 (Renewables Now) - Copenhagen-based wind and solar developer European Energy A/S said on Thursday it has agreed to sell a 25.2-MW wind farm in Denmark to an unnamed Swiss investment management firm.

The particular wind park is situated in the municipality of Lolland, in the southernmost Danish region of Sjaelland. It is powered by seven turbines by Denmark’s Vestas Wind Systems (CPH:VWS), which have been generating electricity since February this year. The V117-3.45 MW machines were delivered in 3.6 MW optimised power mode.

European Energy noted that the sale depends on the fulfillment of certain conditions precedent and is seen to be completed in December. The company will offload the asset through its subsidiary European Wind Farms Denmark A/S. It expects the transaction to “contribute positively” to its financial position, it said without providing financial details on the deal.

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Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.

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