European Energy divests part of wind project in Germany to QEEE fund

A 32.8 MW onshore wind project has been divested with 50% from European Energy to the QEEE fund, an investment vehicle managed by Quadoro in partnership with EB-SIM.

– European Energy has agreed to divest a 32.8 MW onshore wind project in Saxony-Anhalt, Germany, to the QEEE fund.

– The wind park is scheduled for construction starting in Q1 2026, with commissioning expected between November 2026 and February 2027.

– European Energy will remain responsible for construction and delivery until commissioning.

Copenhagen, Denmark, 28th of March, 2026 – European Energy has signed an agreement to divest an onshore wind project in Germany to the Quadoro Erneuerbare Energien Europa (QEEE) fund, which is jointly operated by Quadoro Investment GmbH and EB – Sustainable Investment Management GmbH (EB-SIM). This marks the second transaction between European Energy and an EB-SIM advised fund in Germany.

The project is located in Saxony-Anhalt and has a total planned capacity of 32.8 MW. The wind park will consist of six turbines supplied by Nordex Group, including two Nordex N163/6.8 TCS164 turbines and four Nordex N133/4.8 TCS164 turbines.

The project secured an EEG tariff in December 2024 under Germany’s renewable energy framework. Initial site preparation has already started, including work on crane areas and foundations. Main construction is planned to begin in Q2 2026. Commissioning is expected between November 2026 and February 2027. European Energy will remain responsible for the construction and delivery of the project until commissioning as well as providing asset management services after commissioning.

“European Energy continues to see strong demand from institutional investors for well-structured renewable energy projects in Germany,” said Jens-Peter Zink, Deputy CEO of European Energy.

“The transaction demonstrates continued interest in projects that combine secured revenue frameworks, established turbine technology, clear construction timelines, and access to competitive financing.”

“The Zeitz project stands out for its strong earnings forecast. The wind farm is a perfect fit with the QEEE’s strategic focus and not only strengthens the fund’s long-term strategy but also makes a significant contribution to promoting Germany’s energy independence. By utilising domestic wind energy, the project supports the transition towards a sustainable, self-sufficient energy supply,”adds Dr Bernhard Graeber, Managing Director and Head of Real Assets at EB-SIM.

“We are pleased to collaborate with European Energy in a strong, partnership-driven approach to realise the wind farm and to progressively expand our portfolio. This cooperation reflects our shared commitment to sustainable growth and the continued development of renewable energy assets,” adds Tobias Reber, Head of Renewable Energy Portfolio Management at Quadoro.

The divestment forms part of European Energy’s broader approach of developing, constructing and selectively divesting renewable energy assets to long-term investors.

European Energy currently operates more than 160 onshore wind assets in Germany and holds a majority stake in over 100 of them. The total capacity of the onshore wind assets in Germany, in which European Energy holds a majority stake, exceeds 500 MW.

As of December 2025, European Energy is constructing 118 MW of onshore wind capacity in Germany, and its development pipeline in the country totals 2.2 GW across onshore wind, solar, and battery storage.

Legal advisory for the transaction was provided by Bird & Bird. Financing for the project is being provided by Landesbank Baden-Württemberg.

About European Energy

European Energy is a Danish-based renewable energy company founded in 2004 that develops, constructs, and operates renewable energy projects, primarily focusing on solar power, onshore wind, BESS and Power-to-X projects. It is operational in 25 countries.

Further information is available at: www.europeanenergy.com

About the Quadoro Erneuerbare Energien Europa (QEEE) Fund

The QEEE is an open-ended Article 9 mutual fund under the EU Sustainable Finance Disclosure Regulation, which invests specifically in European renewable energy projects. Investments are primarily made in photovoltaic and wind power plants with stable yield profiles. Further information is available at: www.qeeereinsteiger.de

About Quadoro

The Quadoro Group is an independent investment and asset manager specialising in real asset investments in the property and renewable energy sectors. Quadoro Investment GmbH is regulated as an AIFM under the German Capital Investment Code (KAGB) and offers institutional and private investors access to professionally managed investment products. Quadoro GmbH is responsible for operational asset management and project development. Further information is available at www.quadoro.com.

About EB-SIM

EB – Sustainable Investment Management GmbH (EB-SIM) is one of the leading asset managers for ethical and sustainable investments with a clear mission: ‘Investments for a better world’. The focus is on multi-asset and renewable energy investments.

Further information is available at www.eb-sim.de

Contact

Ming Ou Lü

PR Manager

+45 3126 9376

miol@europeanenergy.com