European Energy lands financing for eight Danish solar farms

The Danish solar and wind energy project developer has signed an agreement with German bank Nord/LB to finance eight new Danish solar farms for a total output of 70 MW

Photo: PR European Energy

European Energy has secured financing for developing eight new solar farms in Denmark. The German bank NORD/LG has placed around 40 million at the company's disposal, the bank writes in a press statement.

The press statement informs that the solar farms are expected to be operational in the second quarter of 2018, and European Energy will be tasked with maintaining the facilities after they are installed.

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