Renewables developer European Energy gets €700 million boost from Mitsubishi buy-in

Financial services company Mitsubishi HC Capital has closed a deal to buy a 20% stake in European Energy, which has a 60GW-plus pipeline of onshore and offshore wind, solar and power-to-x projects.The deal provides European Energy with capital investment of approximately €700 million from the issuance of new shares.This will enable European Energy – which has a 60GW-plus pipeline of onshore and offshore wind, solar and power-to-x projects – to “further enhance its role in the green…
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Source: https://www.windpowermonthly.com/article/1869018/renewables-developer-european-energy-gets-%E2%82%AC700-million-boost-mitsubishi-buy-in