Renewable energy developer European Energy is to sell a portfolio of Danish solar photovoltaic farms to Swiss asset manager Re:cap Global Investors. The eight solar assets, with a combined capacity of 70MW, came online earlier this year. The solar plants are located in Bornholm, Lolland, Falster, Hjorring, Laeso and Holbaek. Europe Energy chief executive 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 chief executive 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 European Energy Group.”
Swiss asset manager Re:cap Global Investors is set to acquire 70 MW of Danish solar photovoltaic farms from developer European Energy Group (EE), marking the second transaction between the two companies. The eight assets came online last year, and are situated in Bornholm, Falster, Hjorring, Holbaek, Laeso and Lolland.