European Energy completes major PV project divestment in US

In the US, European Energy divested its largest utility-scale solar project, expected to generate 1,389 GWh annually for 128,000 households.

By Prudhvi Rani 22 Feb 2025 in Market Bytes

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European Energy completed its second major US divestment, reaching 800 MW, including Project Yellow Viking in Texas, sold in 2023. Image Source: European Energy

Denmark-headquartered European Energy divested its largest utility-scale solar project on February 18, 2025. The latest divestment aligned with its approach of developing, delivering, and reinvesting in renewable energy projects. Once operational, the solar park was expected to generate approximately 1,389 GWh of electricity annually, supplying power to around 128,000 US households. This marked its second major divestment in the US since entering the market, bringing its total divested capacity to 800 MW. The company’s first US project, Project Yellow Viking in Texas, was divested in 2023.

#Texas #EuropeanEnergy #SolarDivestment #UtilityScaleSolar

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