Luxcara closes financing on 315MW Danish PV portfolio

Facebook
Twitter
LinkedIn
Reddit
Email
Luxcara said the portfolio is “one of Northern Europe’s largest solar power plant sets”. Image: Luxcara.

Clean energy asset manager Luxcara has reached a financial close on a 315.7MWp portfolio of three solar PV projects in Denmark alongside German bank Bayerische Landesbank.

The portfolio comprises the 137.3MWp Barmosen and the 111.6MWp Faxe projects in the Zealand region, and the 66.7MWp Vildbjerg project in Jutland. The projects were first energised in late 2022 and fully connected to the grid in 2023.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Luxcara said the portfolio is “one of Northern Europe’s largest solar power plant sets”. It did not disclose the final sum of the financing for the projects.

Nils Driemeyer, finance director of Luxcara, said: “We are really excited to reach this important milestone for this landmark portfolio with Bayerische Landesbank. This demonstrates again the high quality of our projects and provides us with more flexibility to accelerate the energy transition.“

In April 2022, Luxcara inked a 300MW solar PV power purchase agreement (PPA) with social media and data giant Meta for a Danish PV portfolio, including two of the projects closed in this most recent deal. According to Meta’s website, it has contracted 84MW from the Barmosen project, 47MW from the Vildbjerg site and a further 80MW from Bregentved Solar, another site in the Zealand region.

2 February 2027
London, UK
Returning in 2027 for its 14th edition, Solar & Storage Finance Europe will bring together the brightest minds representing funds, banks, developers, utilities, government and industry across Europe and the UK on a programme that is solutions-focused from top to tail. The event is designed to enable leaders at the forefront of solar and storage investment and deployment in Europe to scale, learn and land themselves industry defining partnerships.

Read Next

August 14, 2026
IPP Recurrent Energy has secured US$695 million in financing to support a 330MW solar PV project in California.
August 14, 2026
Mainstream Renewable Power’s 50MW C&I Ilikwa PV Facility in South Africa’s Free State province has reached commercial operation.
August 14, 2026
German solar inverter producer SMA Solar increased its sales and earnings in the first half of 2026 (H1), returning to profit compared with the same period last year.
August 14, 2026
Foreign Entity of Concern rules create a multitude of new risks for US solar developers, some less visible than others. Intertek CEA’s Jordan Wilson explores the key steps towards minimising FEOC exposure in PV module purchase agreements.
August 12, 2026
Websol has begun a brownfield upgrade of a 600MW mono PERC cell manufacturing line to TOPCon, increasing its total cell capacity to 1.35GW.
Premium
August 12, 2026
LevelTen’s latest report into European PPA prices includes figures on 'hybrid' PPAs, combining a renewable energy generation asset and a BESS.

Upcoming Events

Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain
Solar Media Events
November 24, 2026
Warsaw, Poland
Solar Media Events
February 2, 2027
London, UK
Solar Media Events
April 20, 2027
Istanbul, Türkiye