Danish independent power producer (IPP) European Energy has sold a 50% stake in a 323MW solar PV portfolio in its home country.
The IPP sold the stake into the special purpose vehicle (SPV) Holsted Solar Park P/S to pension scheme companies under the administration of Sampension.
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European Energy’s SPV owns two solar PV plants in Denmark: the 148MW Glejbjerg solar park and the 175MW Holsted solar park. It also holds a planned 87MW/351MWh battery energy storage system (BESS).
The portfolio of solar projects accounts for nearly 10% of the installed utility-scale solar PV in Denmark, which sits at more than 3.1GW as of the end of the third quarter 2026. Data from the Danish Energy Agency registered a combined 5.4GW of installed solar PV at the end of September 2026.
“This divestment is a clear example of our business model in action: we develop and build large-scale renewable energy projects, and bring in long-term institutional investors as co-owners once the parks are up and running,” says Jens-Peter Zink, Deputy CEO of European Energy.
Both the IPP and Sampension have previously partnered with joint investments in Latvia and Greece. In Latvia, European Energy divested a 65MW/46MW solar-plus-storage project to the pension fund last year.
In the neighbouring Baltic country of Lithuania, European Energy also divested a 470MW hybrid solar-wind-storage project to IPP Energix in April of this year. The Jonava project will combine 330MWp solar PV, 140MW onshore wind and 320MWh BESS, with full commercial operations targeted by 2027.
