Release details

2017-05-05 16:53 CEST
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European Energy A/S: Agreement signed for the sale of a wind farm in Germany with a capacity of 6.6 MW

Company announcement 6/2017

The European Energy Group today signed and closed an agreement for the sale of a wind park in Germany with a total nameplate capacity of 6.6 MW to a German buyer. The wind park is located in the German region of Brandenburg.

The European Energy Group owns 100% of the wind farm sold, which is currently under construction and expected to be connected to the grid in the second quarter of 2017. The wind farm consists of a total of 2 Vestas V112 3.3 MW turbines.

With this sale, the European Energy Group successfully implemented the first part of a term sheet signed on 29 March 2017 (cf. company announcement 4/2017).

The sale will contribute positively to European Energy A/S' financial position.

 

Contact information:
European Energy A/S
Jens-Peter Zink, chairman of the board
jpz@europeanenergy.dk
ph. + 45 2047 8220

 

This announcement has been made in accordance with the market abuse regulation (regulation (EU) no. 596/2014 on market abuse).

HUG#2102335