European Energy sells wind farm to Aquila

European Energy sells a wind farm in Denmark to Aquila Capital, a German alternative investment manager. The park consists of 7 Vestas turbines and has a total capacity of 25 MW. The park produces power corresponding to the consumption of 28.500 households.

European Energy took over the project in 2013 from Dong, who originally owned the project, but left onshore wind before the park was build. European Energy succeeded in constructing the park with a new upgraded generation of Vestas turbines. The park was grid connected in March.

Knud-Erik Andersen, CEO of European Energy, says: “We took over the project in 2013 from Dong who decided to leave onshore wind. I am very pleased that we have successfullymanaged to build the park, and that Aquila Capital has now taken over. We will continue to manage the park on behalf of Aquila Capital”

About European Energy

European Energy was founded in 2004. European Energy develops, finances and builds wind- and solar farms. Through years of experience European Energy has developed competencies within all levels of the renewable energy value-chain – from green-field development to operation of power plants.

About Aquila Capital

Established in 2001, Aquila Capital is committed to provide institutional investors worldwide with alternative investment solutions in real assets, financial and private markets. Applying a multi-disciplinary investment approach, Aquila Capital’s range of alternative investments is managed by dedicated specialists in their respective asset classes and underpinned by an infrastructure that combines strong operations and stringent corporate governance.