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European Energy A/S: Agreement signed for the sale of a wind farm in Denmark with a gross capacity of 25.05 MW

Company announcement 5/2017

European Energy A/S today signed an agreement for the sale of a wind farm in Denmark to a fund managed by Aquila Capital. 

The wind farm has a gross capacity of 25.05MW and consists of 6 Vestas V117, 3.6MW turbines and 1 Vestas V126, 3.45MW turbine. The wind farm is located at Kappel in the municipality of Lolland.

The sale is conditioned upon a number of customary conditions precedent including issuance of take over certificates for the turbines and closing of non-recourse project financing.

Completion of 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).



This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: European Energy A/S via GlobeNewswire

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