Danish renewable energy group European Energy has transferred a 50% stake in the Tsoukes Sarres wind project to Danish pension investor Sampension. The project involves a 27 MW onshore wind farm under development in Greece, although financial terms were not disclosed.
The move reflects European Energy’s strategy of freeing capital from maturing projects to fund new renewable ventures across Europe. By partially exiting selected assets, the company aims to accelerate growth in wind, solar, and hybrid energy developments across multiple markets.
Construction at Tsoukes Sarres began in September 2024, with commissioning planned for the first half of 2026. Once operational, the facility will feature six wind turbines supplying electricity directly into Greece’s national transmission system.
The deal further strengthens the partnership between European Energy and Sampension, who have collaborated on multiple projects, including the recent sale of a 50% stake in a 111 MW solar-plus-storage project in Latvia. European Energy is advancing a global renewables pipeline of around 65 GW, with its Greek activities focused on expanding onshore wind capacity alongside a growing solar project portfolio.