European Energy will take over operations of the 207MW Gedmose solar park from 1 January 2026, according to the company.
European Energy said the Holstebro-area site, connected in 2021, was Northern Europe’s largest solar park at the time and generates enough electricity to supply more than 50,000 households.
The company said this is the first time it will operate a solar park it did not develop or own.
European Energy said the deal expands its renewable-energy operational services, with 4GW currently under management.
Jacob Saust Johansen, EVP for asset management and operations at European Energy, said: “A key part of our strategic shift in asset management has been to offer our services to third-party owners – not only to the parks we develop ourselves.”
He said: “In recent years, we have also developed new technological solutions that enable us to optimise electricity production at a lower cost.”
He added: “Our ambition is for asset management to become a significant revenue driver for the company, and this agreement marks an important step forward in that direction.”
European Energy said it looks forward to providing “a stable and efficient partner” for Gedmose.
Heartland, the owner of the solar park, said the facility’s output is backed by a power purchase agreement with BESTSELLER, Normal, Nemlig.com and Faerch.
Kasper Reggelsen, head of communications at Heartland, said: “Gedmose solar park was established as part of our ambition to invest responsibly and with a long-term perspective in the green transition.”
He said: “We established the solar park as part of our ambition to make long-term investments in renewable energy and the green transition.”
He added: “We are pleased to gain a skilled partner to handle the day-to-day operations and ensure that the park continues to contribute efficiently to Denmark’s energy supply.”
European Energy said it has strengthened technical and digital capabilities to optimise performance and cut downtime and plans to expand its asset management activities in Denmark and abroad.