European Energy said it has agreed to divest a 50% stake in its Tsoukes Sarres onshore wind park in Greece to Sampension, one of Denmark’s largest pension funds, as the developer continues to bring institutional investors into its renewables portfolio.
The Tsoukes Sarres project has an installed capacity of 27 megawatts and comprises six wind turbines. Construction began in September 2024 and the wind farm is expected to be completed in the first half of 2026, European Energy said. Once operational, it will supply renewable electricity to the Greek power grid.
“This divestment demonstrates our ability to develop and construct high-quality renewable energy assets and bring them together with long-term institutional partners,” said Jens-Peter Zink, deputy chief executive of European Energy.
European Energy said the transaction aligns with its strategy of recycling capital from operational and late-stage projects to support further growth across wind, solar and hybrid developments.
“By recycling capital from projects like Tsoukes Sarres, we can continue to expand our pipeline of wind, solar, and hybrid projects,” said Joanis Duraj, director and country manager for European Energy in Greece.
Sampension said the investment strengthens its exposure to onshore wind while broadening the geographic scope of its renewable energy holdings.
“Investments in renewable energy play a central role in Sampension’s strategy to deliver stable, long-term returns to our pension customers while supporting the green transition,” said Torbjørn Lange, head of real estate and infrastructure at Sampension.
European Energy added that attracting long-term institutional partners remains a core element of its approach as it reinvests capital into new renewable energy projects across Europe.
