Renewable energy developer European Energy is to sell a portfolio of Danish solar photovoltaic farms to Swiss asset manager Re:cap Global Investors.
The eight solar assets, with a combined capacity of 70MW, came online earlier this year.
The solar plants are located in Bornholm, Lolland, Falster, Hjorring, Laeso and Holbaek.
Europe Energy chief executive Knud Erik Andersen said: “We are excited to have signed the agreement for the sale of the Danish solar PV portfolio.
“This our second transaction with Re:cap and we have come to appreciate their attitude and professionalism. I hope we can build on our relationship in the future.”
Re:cap chief executive Thomas Seibel said: “Denmark is a world leading country in renewable energy production and the acquisition of this solar PV portfolio is the perfect ending of a successful year for us.
“We hope that 2019 will bring even more opportunities to deepen our collaboration with European Energy Group.”