UK investment fund buys control of Danish developer: "Now we'll bid among the largest"
Danish project developer Momentum wants to grow several times its current size, and now gains the economic muscles to enter larger onshore wind and solar projects after selling a majority stake to investment fund Arcus. But we won't be dancing the cancan on tables, says director.
BY MAZ PLECHINGER, TRANSLATED BY DANIEL FRANK CHRISTENSEN
Momentum, a renewable energy developer based in Roskilde, Denmark, has been acutely aware of its place in the sector hierarchy. After all, the business started as merely a small shop handling the irksome work of managing the wind turbines of other asset owners.
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