European Energy Raises Extra €60 Million, Boosting Its 2028 Green Bond To €210 Million

European Energy A/S has raised an additional EUR 60 million through a tap issue of its existing senior unsecured green bonds maturing in 2028. This new issue brings the total outstanding volume of the 2028 green bonds to EUR 210 million, showing that investors remain confident in the company’s business model and renewable project pipeline.

The fresh capital will allow European Energy to speed up the development of renewable energy projects in its core markets. This includes pushing more solar, wind, battery storage and Power-to-X projects from late-stage planning into construction and eventually into full operation.

Strengthening capital at the development stage also helps the company move several projects forward at the same time, reducing delays caused by external factors such as permitting or supply chain timelines. Having more financial flexibility also allows European Energy to choose the best timing and structure for how each project is delivered. This includes decisions on when to sell assets, how to bring in partners or whether to retain long-term ownership of certain projects.

According to Jens-Peter Zink, expanding the project pipeline is essential to creating value with partners. He explained that the additional funding helps strengthen a wider portfolio of de-risked projects, making it possible to structure more attractive transactions and investment opportunities.

A larger pool of mature projects—those that are construction-ready or already operational—creates more openings for institutional and strategic investors, who typically enter at these stages. With a broader and more advanced pipeline, European Energy can offer a predictable flow of investment possibilities, tailored to different investor interests and risk levels.

These investment structures may include co-investment models, phased or partial divestments, and long-term ownership arrangements. This flexibility allows investors to participate at the stage that best fits their risk appetite and long-term objectives, while supporting European Energy’s continued growth in renewable energy development.