EnergyWatch

European Energy to divest fewer projects than previously

High energy prices prompt the developer to hold back on divesting projects. Despite extensive expansion plans, however, European Energy also reports substantially higher costs for new projects.

Photo: Gregers Tycho/ERH

Looking back at European Energy’s company history reveals that the developer has typically built energy projects only to subsequently divest most of them. This narrative still holds true, but a new chapter has been added to the story.

That is, if the chapter concerns energy projects, and the story is the company portfolio.

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