European Energy has agreed to sell 50 percent of the Glejbjerg and Holsted solar parks located in the municipality of Vejen in Denmark, together with a planned 87 MW / 351 MWh battery energy storage system, to Sampension.
- European Energy has signed an agreement to sell 50% of Holsted Solar Park P/S, which owns the 148 MW Glejbjerg and 175 MW Holsted solar parks in Denmark, both in operation
- The portfolio also includes a planned 87 MW/351 MWh battery energy storage system (BESS)
- The buyers are the pension scheme companies under administration of Sampension, further strengthening the long-term partnership between European Energy and Sampension
European Energy has signed an agreement to sell 50 percent of Holsted Solar Park P/S to the pension scheme companies under administration of Sampension.
Holsted Solar Park P/S owns two operational solar parks in Denmark: the 148 MW Glejbjerg solar park and the 175 MW Holsted solar park, which together have a capacity of 323 MW. The company also holds a planned 87 MW/351 MWh battery energy storage system, which will add flexibility to the Danish power system once it is built.
'We are very pleased to deepen our partnership with Sampension on the transaction of this major renewable energy cluster. 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.
'Investments in Danish solar and battery storage match Sampension’s strategy of delivering stable, long-term returns to our pension customers while supporting the green transition and reducing the need for fossil fuels in Europe. With Glejbjerg and Holsted, we gain exposure to two large, operational solar parks in a market we know well, and with the planned battery system we also invest in the flexibility the Danish power system needs. We are pleased to build further on our strong collaboration with European Energy,' says Torbjørn Lange, Head of Real Estate & Infrastructure, Sampension.
The transaction builds on the existing partnership between European Energy and Sampension, which already includes joint investments in Latvia and Greece. Completion of the transaction is subject to customary conditions, including regulatory and third-party approvals, and is expected in December 2026.
About European Energy
European Energy develops, finances, constructs and operates onshore and offshore wind and solar parks, Power-to-X facilities and battery energy storage systems. Based in Copenhagen, Denmark, the company develops projects in 25 countries. Founded in 2004, European Energy has a development pipeline of approximately 65 GW of renewable energy projects.
About Sampension
Sampension Administrationsselskab A/S is one of Denmark’s largest providers of pension administration and investment management to pension scheme companies with a balance sheet total of over DKK 300 billion and approximately 355,000 customers and members. Sampension is customer-/member owned and administers labour market and company pensions for Sampension Livsforsikring A/S, Pensionskassen Arkitekter & Designere (PAD), Pensionskassen for Jordbrugsakademikere & Dyrlæger (PJD) and Pensionskassen for teknikum- og diplomingeniører (ISP).
Source: European Energy
