Danish company European Energy has signed an agreement to sell an operational onshore wind farm in Denmark to an unnamed German investment management company.
The 22.4MW project is located in the Jutland region of the country and has been operating since February 2018.
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European Energy said the project comprises seven Siemens Gamesa 3.2MW turbines.
It added that the sale is conditional on the fulfilment of a “few conditions precedent”, with the close expected later this month.
European Energy said the sale will “contribute positively” to its financial position, subject to the closing of the deal.
No details were revealed regarding the project name or the sale price.