European Energy completes sale of 33 MW wind portfolio in Germany to EB-SIM

European Energy divests majority stake in repowered German wind portfolio while retaining ownership and management role.

Copenhagen, Denmark, 9th of September, 2025 – European Energy has reached financial closing on the sale of a 33 MW portfolio of operational wind projects in Saxony-Anhalt, Germany, to a fund advised by EB – Sustainable Investment Management GmbH (EB-SIM). EB-SIM is a leading German asset manager for ethical and sustainable investments.

The wind projects are part of a successful repowering initiative led by European Energy in Germany, replacing older turbines with modern, higher-capacity units. The assets benefit from the German EEG feed-in tariff regime and contribute to Germany’s expanding renewable energy infrastructure.

European Energy will retain a 25% ownership stake in the assets and continue to provide technical and commercial management services, underscoring its ongoing commitment to high-quality asset performance and long-term presence in the German market.

“This divestment reflects our continued ability to execute on our asset rotation strategy while staying deeply engaged in the German market,” said Jens-Peter Zink, Deputy CEO of European Energy.

“We are pleased to welcome EB-SIM as a long-term partner and look forward to continuing to provide technical and commercial management services across these projects.”

Claudia Schilling, Country Manager for Germany at European Energy, adds:

“Our presence in Germany continues to expand, driven by both a growing development pipeline and an increasing portfolio of managed assets. This deal demonstrates investor confidence in the German renewables sector and reinforces our local asset management capabilities.”

“Germany is, and will remain, an attractive market for energy from renewable sources,” said Bernhard Graeber, Managing Director of Real Assets at EB-SIM.

“By 2030, 80 per cent of the country’s electricity consumption is expected to come from renewable resources. Wind power is a fundamental part of the energy transition and therefore a target for sustainable investment.”

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The transaction includes a 75% stake in the following project companies:

EE Drei Hügel GmbH & Co. KG

EE Nautschketal GmbH & Co. KG

The buyer is an article-9-fund advised by EB-SIM

European Energy develops, finances, constructs and operates onshore and offshore wind and solar farms, Power-to-X facilities and Battery Energy Storage Systems. Based in Copenhagen, Denmark, the company develops projects in 25 countries. Founded in 2004, European Energy has a development pipeline of approximately 65 GW of renewable energy projects.

EB – Sustainable Investment Management GmbH (EB-SIM) is a leading asset manager of ethical and sustainable investments with a clear mission: ‘Investments for a better world’. The focus is on multi-asset and renewable energy investments. The company, which is headquartered in Kassel, is a subsidiary of the Evangelical Bank (Evangelische Bank – EB). EB-SIM employs over 80 people and manages assets of more than EUR 6 billion.