European Energy has signed an agreement to sell 50 percent of Holsted Solar Park P/S to the pension scheme companies under the administration of Sampension, the Danish company announced.

Deal Overview

The transaction covers two operational solar parks in the municipality of Vejen in Denmark, the 148 MW Glejbjerg solar park and the 175 MW Holsted solar park, which together have a capacity of 323 MW.

The portfolio also includes a planned 87 MW/351 MWh battery energy storage system (BESS), which European Energy says will add flexibility to the Danish power system once it is built.

Completion of the transaction is subject to customary conditions, including regulatory and third-party approvals, and is expected in December 2026.

Company Statements

Jens-Peter Zink, Deputy CEO of European Energy, said the company was very pleased to deepen its partnership with Sampension on the transaction of the renewable energy cluster.

He described the divestment as a clear example of the company's business model in action: developing and building large-scale renewable energy projects, then bringing in long-term institutional investors as co-owners once the parks are up and running.

Torbjørn Lange, Head of Real Estate & Infrastructure at Sampension, said investments in Danish solar and battery storage match Sampension's strategy of delivering stable, long-term returns to its pension customers while supporting the green transition and reducing the need for fossil fuels in Europe.

With Glejbjerg and Holsted, Sampension gains exposure to two large, operational solar parks in a market the company knows well, and the planned battery system represents an investment in the flexibility the Danish power system needs, Lange said. He added that Sampension is pleased to build further on its strong collaboration with European Energy.

An Existing Partnership Expanded

The transaction builds on an existing partnership between European Energy and Sampension, which already includes joint investments in Latvia and Greece. The latest agreement extends that collaboration into a large Danish asset, rooted in both companies' home market.

About the Parties

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.

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 USD 43.79 billion and approximately 355,000 customers and members.

Sampension is customer- and member-owned and administers labor 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).

Stay Wired Into Denmark's Power Project Pipeline

What if the next grid expansion or renewable integration project in Denmark was one you saw coming months before your competitors did? Denmark's power sector is undergoing a historic transformation, driven by decarbonization targets, grid modernization, and cross-border interconnection initiatives.

With billions in investment flowing into transmission lines, energy storage, and generation assets across Denmark, the ability to identify projects early and track them through every stage of development has become a decisive competitive advantage.

The Global Project Tracking (GPT) platform by Blackridge Research delivers comprehensive, real-time intelligence on power sector projects across Denmark, empowering developers, contractors, equipment suppliers, and investors to act on opportunities before they hit the headlines.

• Upcoming Projects

• Tender Notices

• Contract Awards

• Projects Under Construction

• Completed Projects

Book a free demo of the Global Project Tracking (GPT) platform by Blackridge Research and take the guesswork out of your Denmark power sector strategy.