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European Energy A/S: Sale of Danish wind farm completed

Source: 
OMX

Company announcement 4/2019

Further to our company announcement issued on 8 February 2019 (cf. company announcement 2/2019), European Energy has today completed the divestment of a wind farm in Denmark with a total capacity of 18MW to Aquila Capital, a German alternative investment manager.

The wind farm is located in the municipality of Ringkøbing-Skjern, Denmark. The wind farm was commissioned in early 2018 and consists of a total of 6 Vestas V126-3.6 MW turbines. The buyer has acquired 5 turbines, while the remaining turbine will remain in the ownership of European Energy A/S.

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).

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