ISP publishes on its website:
Half of the 27 MW Greek wind farm Tsoukes Sarres has been sold by European Energy to the Sampension community.
European Energy has entered into an agreement to sell 50 percent of the Tsoukes Sarres wind farm in Greece to the Sampension community.
The Tsoukes Sarres project has an installed capacity of 27 MW and consists of six onshore wind turbines. Construction began in September 2024 and the project is expected to be completed in the first half of 2026. Once operational, the park will supply renewable electricity to the Greek grid and contribute to increasing the country’s national renewable energy production.
“This sale agreement demonstrates our ability to develop and construct high-quality renewable energy plants and bring them together with long-term institutional partners,” said Jens-Peter Zink, Deputy CEO of European Energy. “By freeing up capital from projects like Tsoukes Sarres, we can continue to expand our pipeline of wind, solar and hybrid projects.”
European Energy has a large portfolio of projects in Greece within renewable energy, including in particular onshore wind and solar parks.
“Tsoukes Sarres is a major step for our development in Greece and reflects our work in supporting the green transition of the Greek energy supply,” says Joanis Duraj, Director and Country Manager for European Energy in Greece.
“The project combines solid engineering work that manages to provide stable production of renewable energy.”
The transaction builds on the existing collaboration between European Energy and the Sampension community, which includes a wide range of joint investments in renewable energy projects in Europe.
“Investments in renewable energy play a central role in the Sampension community’s strategy to deliver stable, long-term returns to our pension customers while supporting the green transition,” says Torbjørn Lange, Head of Real Estate and Infrastructure at the Sampension community.
“With the Tsoukes Sarres wind farm, we strengthen our exposure to onshore wind and increase the geographical diversification of our European renewable energy portfolio. We are pleased to continue to build on our strong partnership with European Energy.”
The divestment supports European Energy’s strategy to develop and construct renewable energy projects that attract long-term institutional investors, while allowing the company to reinvest capital in new projects across Europe.
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