European Energy to sell half of 323 MW Danish solar parks

Contents

323 MW in operation, 351 MWh of storage planned
A develop-build-partner model
Closing expected in December 2026

Danish renewable energy developer European Energy has signed an agreement to sell 50 percent of Holsted Solar Park P/S, owner of the operating 148 MW Glejbjerg and 175 MW Holsted solar parks in Vejen municipality, Denmark, to pension scheme companies under the administration of Sampension. According to the company’s announcement of 9 November 2026, the portfolio also includes a planned 87 MW / 351 MWh battery energy storage system (BESS).

323 MW in operation, 351 MWh of storage planned

Holsted Solar Park P/S holds the two operating solar parks, with a combined 323 MW, together with the battery system that has yet to be built. European Energy says the storage system will add flexibility to the Danish power system once it is in place. The buyers are the pension scheme companies under the administration of Sampension, which administers pensions for Sampension Livsforsikring A/S, Pensionskassen Arkitekter & Designere (PAD), Pensionskassen for Jordbrugsakademikere & Dyrlæger (PJD) and Pensionskassen for teknikum- og diplomingeniører (ISP).

A develop-build-partner model

Jens-Peter Zink, Deputy CEO of European Energy, described the divestment as a practical example of the company’s business model, which, he said, is to develop and build large projects and then bring in long-term institutional co-owners once the parks are running. Torbjørn Lange, Head of Real Estate & Infrastructure at Sampension, said Danish solar and battery storage investments match the pension provider’s strategy of stable, long-term returns, adding that the planned battery system is also an investment in the flexibility the Danish grid needs.

Closing expected in December 2026

The deal builds on an existing partnership between the two companies that already includes joint investments in Latvia and Greece. Completion is subject to customary conditions, including regulatory and third-party approvals, and is expected in December 2026. Copenhagen-based European Energy develops projects in 25 countries and has a development pipeline of about 65 GW.