European Energy Australia inks the country’s largest solar farm deal
European Energy Australia has secured a PPA from Rio Tinto for its Upper Calliope Solar Farm in Queensland. Read more for details on the deal.
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European Energy gains €700M boost in Mitsubishi HC Capital partnership
European Energy A/S secures EUR 700 million capital injection, welcoming Mitsubishi HC Capital as a strategic partner. The deal includes Mitsubishi subscribing to 72 million new shares and acquiring 3 million shares from major stakeholders, establishing them as the second-largest shareholder with a 20% stake. Mitsubishi HC Capital will play an active role in value…
European Energy divests 100MW+ renewables in December
European Energy divested over 100 MW in December 2023, including Bubney Solar Farm in the UK and Bloosballich Wind Park in Germany. The 40.4 MW Bubney Farm in Shropshire is divested to Elm Trading Group. The 12.6 MW Bloosballich Park in Saxony Anhalt which is divested to a German family office, consists of three 4.2…
European Energy delivers strong financial results
European Energy achieved robust performance in Q3, recording an EBITDA of over EUR 78M and a profit of EUR 59M. The gross pipeline expanded to 60 GW, marking an 11 GW increase in the last year. Notably, 1.7 GW of projects transitioned to the ready-to-build phase in 2023, while managed assets generated 1 TWh in…
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