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European Energy gets CfD’s on five solar projects in Italy totalling 513 MW
The Italian energy agency GSE has awarded European Energy Contract for Difference (CfD) tariffs for five solar projects with a combined capacity of 513 MW. The projects are located in Sicily, Apulia and Molise and represent a portfolio of utility-scale assets supported by stable revenue frameworks. The awarded projects include large-scale photovoltaic installations with capacities…
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European Energy divests combined solar and battery park in Latvia to Sampension
European Energy sells 50% of its 111 MW Saldus solar and battery project in Latvia to Sampension, one of Denmark’s largest pension funds. The project combines a 65 MW solar PV plant and a 46 MW battery energy storage system, supporting Latvia’s renewable energy and grid flexibility goals. The transaction strengthens the partnership between European…
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European Energy issues new bond on NASDAQ
European Energy has successfully issued a new bond on NASDAQ worth EUR 100m. The bond was met with strong demand from investors and was fully subscribed within one day of the initial offering. The new bond carries a variable 3-months EURIBOR interest rate with a margin of 3.75% . The proceeds will fund European Energy’s…
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European Energy completes sale of 33 MW wind portfolio in Germany to EB-SIM
European Energy has reached financial closing on the sale of a 33 MW portfolio of operational wind projects in Saxony-Anhalt, Germany, to a fund advised by EB – Sustainable Investment Management GmbH (EB-SIM). EB-SIM is a leading German asset manager for ethical and sustainable investments. The wind projects are part of a successful repowering initiative…
