European Energy, a leader in renewable energy management, recently announced an agreement to manage operations for the Gedmose solar park, owned by Heartland. For both companies, this strategic partnership represents an exciting step forward in their mutual dedication to providing sustainable energy solutions. The 100 MW Gedmose solar park came online in 2021. When completed, it was the biggest solar facilities in Northern Europe at the time, with an incredible 207 MW capacity. In fact, it produces clean energy equivalent to powering more than 50,000 homes per year.
European Energy is now responsible for operation and asset management of a total of 4 GW of renewable energy capacity. Under this new agreement, the company can continue to build on its robust portfolio all while making important contributions to Denmark’s energy infrastructure.
Commitment to Sustainable Energy Transition
As a wide-reaching and long-standing leader in sustainable, renewable energy investment, Heartland had the opportunity to underscore their long-term commitment to wise investment with this partnership. Kasper Reggelsen, Heartland’s communications head, expressed enthusiasm about the collaboration, stating that the Gedmose solar park represents their commitment to a sustainable energy transition.
“Gedmose solar park was established as part of our ambition to invest responsibly and with a long-term perspective in the green transition. In recent years, we have been reminded of the importance of a robust energy infrastructure that benefits everyone. We are pleased to gain a skilled partner to handle the day-to-day operations and ensure that the park continues to contribute efficiently to Denmark’s energy supply.” – Kasper Reggelsen
This private partnership is a strong testament to our dedication to improving operational efficiency. It locks in place the reality that, now more than ever, renewable energy will be key to meeting future energy needs.
Advancements in Asset Management and Technology
At the same time, European Energy has been advancing in the field of technological innovation. As part of that mission, the company has created new solutions designed to maximize the efficiency of electricity production while lowering costs. This is in step with their desire for asset management to become a major revenue source.
European Energy’s Jacob Saust Jacobsen, the project’s lead developer on the ground, stressed the importance of this confluence. He mentioned this during the announcement of said agreement.
“In recent years, we have also developed new technological solutions that enable us to optimise electricity production at a lower cost. Our ambition is for asset management to become a significant revenue driver for the company, and this agreement marks an important step forward in that direction. We therefore look forward to taking over the operations of Gedmose solar park and providing the owners with a stable and efficient partner.” – Jacob Saust Jacobsen
Best-in-class technologies will enhance operational efficiencies at the Gedmose solar park. In doing so, they’ll change the whole energy picture in Denmark for the better.
Strategic Growth in Renewable Energy Portfolio
European Energy operates the Gedmose solar park and has made a daring step by agreeing to 50% of its Saldus project in Latvia. This agreement is with Sampension, one of the largest Danish pension funds. The acquisition reflects the company’s broader plan to increase its impact in the clean energy space. More importantly, it showcases their dedication to cultivating partnerships that foster long-term, sustainable growth.
European Energy is on the offensive, increasing its renewable energy footprint across many European nations. Heartland’s partnership is an integral part of their mission to create a sustainable future through innovative solutions and responsible investments.