Company announcement 16/2023 (22.09.2023)
Today, European Energy A/S has completed the sale of a 49 percent shareholding in the company owning a 304 MW solar plant in Kassø and the connected 52 MW e-methanol facility with a production of up to 42,000MT e-methanol p.a. The buyer is Mitsui & Co., Ltd.
The solar PV plant and connected e-methanol facility is located in Kassø which is in the municipality of Aabenraa, Denmark.
The Kassø solar farm has been fully operational since H1 2023 and the Kassø e-methanol facility is currently under construction.
The sale will contribute positively to European Energy A/S' financial position.
For further information, please contact investor relations: investor.relations@europeanenergy.com
This announcement has been made in accordance with the market abuse regulation (regulation (EU) no. 596/2014 on market abuse).
