European Energy rises to gigawatt class

Last year's operating result will be higher than expected, while the developer expects to triple the amount of commissioned solar and wind energy for the current year. Annual growth will come to 30-40 percent, says CEO.

Photo: Gregers Tycho/ERH

The interview with European Energy's Chief Executive Knud Erik Andersen needs to be rushed a bit. Not because he has issues making time to speak with journalists – he is usually one of the Danish energy sector's most available CEOs – but because the opening match between Denmark and Bahrain in the handball world championship is about to start.

In a way, Andersen's interest in the country's arguable national sport fits well with the company he established in 2004. It's never been prone to genteel pretension nor to back down from a duel. Rather than prestigious projects, the company's business is built upon good mercantile sense and follow-ups on slim chances and small projects that other companies would have sidelined.

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