EnergyWatch

Fresh millions will kick-start European Energy's global growth

Growth success story European Energy will now seize upon the growing global wind and solar market after a year of strong growth. This requires hunting for fresh capital from entities such as listed companies, capital funds, or industrial players.

Photo: European Energy

Two Danish business players, Knud-Erik Andersen and Mikael D. Pedersen, have created a new green growth success story with European Energy.

The company, which has logged revenue amounting to a billion Danish kroner and only employs 67 staff, earned DKK 120 million (EUR 16.3 million) by building European wind and solar farms. Now, the owners are opening up for a large capital injection to ensure that the company can challenge the major players on the global market for wind turbines and solar farms.

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