European Energy has completed the sale of Lidsø solar park in Lolland, Denmark, to Alight, a Nordic solar developer and independent power producer based in Stockholm/Sweden. With a capacity of 215 MW, the project is set to become one of Denmark’s largest solar parks.
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Located at Rødby Havn in Lolland Municipality, Lidsø solar park began construction in the summer of 2024 and is scheduled for commissioning in the summer of 2025. European Energy has not only developed the project but has also secured long-term power purchase agreements (PPAs) to ensure stable energy offtake, making it an attractive asset in Denmark’s renewable energy market.
Close collaboration with the municipality
European Energy will continue to oversee the construction of the solar park and will be responsible for its operation once commissioned. European Energy remains actively engaged in Lolland Municipality through ongoing projects, with the potential to contribute to renewable energy production innovation, local development and encouraging outside investment.
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“We are pleased to see Alight acquiring Lidsø solar park, a project we have carefully developed and secured with long-term power purchase agreements. Importantly, European Energy remains committed to Lolland Municipality, where we have multiple projects under development. We continue to work closely with the municipality to ensure that renewable energy investments contribute to local employment and attract outside investment,” says Knud Erik Andersen, CEO of European Energy.
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Warren Campbell, CEO of Alight, adds: “Denmark represents an exciting opportunity for Alight. Our acquisition of Lidsø solar park will help meet the country’s rising electricity demand and marks just the beginning of our plans to contribute to Denmark’s energy transition. Additional strategic acquisitions and partnerships will play a key role in our expansion.” (hcn)