About European Energy European Energy develops, finances, constructs and operates wind and solar farms as well as large-scale PtX plants. Based in Copenhagen, Denmark, the company has a strong track record as a renewable energy operator across Europe, Brazil, USA and Australia. Wind and solar power are already fully price competitive compared to coal, oil and gas. We are working hard to make newly installed wind and solar farms price competitive with existing coal and gas generators, as we believe that it is the market, not the taxpayers, who holds the solution to climate change. European Energy is reaching the goals together with our customers, large corporations sourcing renewable energy and utilities looking to provide consumers with green power or district heating. We construct the parks in close cooperation with visionary institutional investors, for instance pension funds, who are looking for low risk, long term investments contributing to a better future. We are currently developing and constructing parks across Europe, Brazil, USA and Australia. Please see our company presentation for more information on our current activities. Company presentation by H1 2021 Facts Business Model Vision and Mission Corporate Responsibility Read more about our management —> Facts 2 GW European Energy has installed and invested in approximately 2000 MW wind and solar farms since 2004. EUR 162 mill. A cumulative enterprise value of approximately EUR 162,0 million 358,000 ton CO2 In 2019 European Energy saved the planet of 358,000 tCO2 emissions. 2004 European Energy was founded in 2004 by Knud Erik Andersen and Mikael Dystrup Pedersen. 16 European Energy has constructed wind and solar farms in 16 countries. +260 +260 employees are working for European Energy. Business model We sell green power from our wind and solar farms to large corporations. We offer attractive investment opportunities for institutional investors, looking to invest in green long term, low risk energy assets. Development We develop new wind and solar farms. When we develop farms we select the best site, we make environmental assessments and secure land and building permits. Finance We secure bridge and long term project financing. Construction We oversee every construction phase from groundworks to grid connection. Sale of green power We sell green power by entering into power purchase agreements with large corporations or by participating in auctions. Divestment We sell and hand over of wind and solar farms to long term investors. Asset management We protect returns for investors and partners by optimizing production output and costs. Vision & Mission It is all about climate change We believe that there is one challenge greater than everything else, namely climate change. At European Energy, we understand that our responsibility as a company is to encourage and facilitate the fight against climate change, now. We do not take this responsibility lightly. The renewable energy projects that we are building today will help provide the foundation for the fossil-free society of the future. We only have green energy plans A large part of the solution to the climate crisis is right in front of us – and it is the cheapest form of energy: solar and wind. However, we should not underestimate the task in front of us. Currently only 2-3% of global energy production comes from those two technologies. The vast majority of the energy we use comes from burning coal, oil and other fossil fuels. There is a lot of old fossil-based capacity we need to replace with green alternatives. We fight for future generations Therefore, there is a growing need for a company like European Energy to step up. The green transition needs dedicated companies to champion the cause - and future generations are counting on it. The most important realization across the world the past couple of years was probably that climate change is here. This is not a problem we can kick down the road and leave to our children to pick up. The time is now. In European Energy, we will do our utmost to push the green transition in the years to come. We expect to build around 500 MW of fossil-free energy capacity every year – saving the planet from approximately 1.25 million tons of CO2. Vision "EUROPEAN ENERGY AIMS TO BE A SIGNIFICANT FORCE IN THE GLOBAL TRANSITION TO A FOSSIL FREE SOCIETY" Mission "EUROPEAN ENERGY UTILISES WIND AND SOLAR RESOURCES IN COMBINATION WITH LATEST TECHNOLOGY TO CREATE VALUE FOR PARTNERS AND SOCIETY AS A WHOLE. WE USE OUR INDUSTRY EXPERTISE, LOCAL KNOWLEDGE AND INNOVATIVE APPROACH TO DELIVER WORLD-CLASS PROJECTS." Corporate Responsibility Corporate Responsibility is integrated in our core business Global commitment We are committed to the 10 principles of the UN Global Compact. The UN principles on human rights, labour rights, environment and anticorruption guide European Energy’s corporate responsibility efforts. UN’s Sustainable Development Goals We support the Sustainable Development Goals (SDG). Our main focus is SDG-goal number seven: Ensure access to affordable, reliable, sustainable and modern energy for all. The goal is an accurate description of what we strive to do every day. Environment We aim for growth that is in harmony with the environment by seeking to minimise the environmental impact of our business operations. We safeguard the areas surrounding our wind and solar farms, including flora and fauna, local residents and the landscape. We strive to develop, establish and promote technologies enabling the environment and economy to coexist harmoniously and to build close and cooperative relationships with a wide spectrum of stakeholders. Employees We respect our employees and believe that the success of our business is led by each individual's creativity and good teamwork. We stimulate personal growth for our employees. We support equal employment opportunities, diversity and inclusion for our employees and do not discriminate against them. We take a broad perspective on diversity and consider nationality, age, gender, education, seniority and experience important. We strive to provide fair working conditions and to maintain a safe and healthy working environment for all our employees. We respect and honour the human rights of people involved in our business and in particular do not use or tolerate any form of forced or child labour. We recognise our employees' right to freely associate, or not to associate, complying with the laws of the countries in which we operate. Management takes leadership in fostering a culture that promote ethical behaviour. Business Partners We respect our business partners such as suppliers and dealers and work with them through long-term relationships to realise mutual growth based on mutual trust. Whenever we seek a new business partner, we are open to any and all candidates, regardless of nationality or size, and evaluate them based on their overall strengths. We maintain fair and free competition in accordance with the letter and spirit of each country's competition laws. We do not tolerate bribery of or by any business partner, government agency or public authority and maintain honest and fair relationships with government agencies and public authorities. Local growth We strive to carry out activities in areas with high unemployment rates, we help to ensure growth in local communities by providing jobs for local workers, contractors and suppliers. European Energy A/S Gyngemose Parkvej 50, 2860 Søborg Denmark +45 8870 8216 - info@europeanenergy.com Reg. no. 18351331 By using this website, you agree to our use of cookies. We use cookies to provide you with a great experience and to help our website run effectively. Accept Decline