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.