Eurowind Energy

What Eurowind Energy does

Eurowind Energy A/S is a privately held Danish renewable energy developer, owner and operator founded in 2006 in Hobro, Denmark. The company is vertically integrated across the full renewable energy value chain, spanning project development, capital investment, construction, asset management, clean power sales via corporate Power Purchase Agreements (PPAs), repowering of aging wind assets, and emerging technology areas including biogas, power-to-heat, Power-to-X, hydrogen and Battery Energy Storage Systems (BESS). As of October 2025, Eurowind owns and operates 1.5 GW of wind and solar parks across 16 European markets and the USA, generated over 2.5 TWh of clean electricity in 2023-24, and holds a ~55 GW development pipeline.

The company earns revenue through three principal streams: (1) long-term PPAs selling clean electricity generated by owned assets to commercial and industrial buyers such as JYSK (Denmark) and Faerch; (2) third-party asset management services covering technical, commercial and financial oversight of wind and solar parks for institutional investors and family offices, supported by a proprietary EWEInvestor client portal; and (3) project development and co-investment partnerships, having invested over €1 billion in renewable energy development across Europe. Technology focus centers on grid-scale BESS integration using lithium iron phosphate (LFP) chemistry alongside pilots of vanadium flow and nickel-hydrogen chemistries, hybrid wind+solar+storage park design (e.g., the 51 MW Oster Starup park in Denmark and the 116 MWh Teiuș BESS in Romania), and repowering extensions of legacy wind assets.

Eurowind sells through direct enterprise field sales via country managers in each market and via co-investment partnerships with institutional investors, family offices and energy utilities (including a 37.65% strategic shareholding by Norlys and an agreement for Blackstone Infrastructure to invest up to €2 billion for a 24.7% stake, expected to close before end of 2026). Founder/CEO Jens Rasmussen and co-founder Søren Rasmussen retain operational control alongside institutional shareholders. The company employs 700+ staff across markets including Denmark, Germany, Poland, Sweden, Portugal, Romania, the USA, Finland, Slovakia, Bulgaria, Spain, Italy, Latvia, Estonia, France and the United Kingdom, with the pending acquisition of Connected Wind Services Denmark (from EnBW) intended to add ~100 technicians and ~DKK 191 million of O&M revenue.

Name

Eurowind Energy

Legal name

Eurowind Energy A/S

Website

https://eurowindenergy.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Eurowind Energy is a Danish vertically integrated renewable energy developer that develops, owns and operates wind, solar, BESS and hybrid parks across 16 European and US markets, selling clean electricity via long-term corporate PPAs and providing third-party asset management to institutional investors, with 1.5 GW operating and a ~55 GW development pipeline.

Ownership category

akta.pro rank

Product category

Renewable Energy Development and Power Generation

NAICS

Wind Electric Power Generation (221115)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Onshore Wind Power Generation (Utility-Scale) (EUACAFAA)

akta.pro secondary industries

Asset Management & Owner’s Engineering (Lifecycle Strategy, Budgeting, Technical Due Diligence) (EUAMAGAJ), Renewable Energy Industrial Facilities Construction (Solar, Wind, Storage) (IMAFADAD)

Keywords

• Renewable energy development
• Wind power generation
• Solar energy projects
• Power purchase agreements
• Battery energy storage

Headquarters

HQ city

Hobro

HQ country

Denmark

HQ region

Europe

Offices13 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Clean power sales via Power Purchase Agreements (PPAs): Eurowind Energy sells electricity generated from its owned and operated wind and solar parks to commercial and industrial buyers under multi-year Power Purchase Agreements (PPAs). Examples include supplying approximately 80% of JYSK's Danish energy consumption from the 51 MW Oster Starup hybrid park (operational mid-2028) and supplying Faerch with additional wind power.
2. Asset Management services: Eurowind Energy provides third-party asset management services for wind and solar parks, covering technical operations, commercial optimization and financial administration for institutional and family-office investors; includes access to the proprietary EUROWINDInvestor portal.
3. Investment in renewable energy parks (ownership): Long-term revenue from owning and operating 1.5 GW of wind and solar parks that generated over 2.5 TWh of clean electricity in 2023-24, supplying the equivalent of more than 600,000 European households.
4. Project development and co-investment partnerships: Eurowind develops renewable energy projects end-to-end (opportunity identification, permitting, construction) and structures co-investment partnerships with institutional investors, family offices and energy utilities; the company has invested over €1 billion in renewable energy development across Europe.

Go-to-market motion4 records

Distribution channels6 records

Marketing channels8 records

Core offering

Eurowind Energy develops, constructs, and operates renewable energy parks across wind, solar, hydrogen, biogas, power-to-heat, and battery storage technologies. The company invests in and owns renewable assets, provides technical and commercial asset management services for third-party investors, and sells clean electricity to corporate and industrial buyers via multi-year Power Purchase Agreements (PPAs).

Product overview

Eurowind Energy operates a vertically integrated renewable energy platform rather than a single software product. Its offering combines seven interconnected business areas (Project Development, Investment in Renewable Energy, Asset Management, Clean Power Sales via PPAs, Repowering, Biogas, and Battery Energy Storage Systems (BESS)) spanning wind, solar, hydrogen, biogas, power-to-heat, and battery solutions across 16 European markets and the USA. Project Development and Investment form the upstream pipeline that feeds Asset Management operations, which in turn are supported by the proprietary EWEInvestor client portal providing 24/7 remote monitoring and reporting. Clean Power Sales monetizes generated electricity via long-term Power Purchase Agreements. Repowering extends the operational life of existing wind assets, while Biogas and BESS add flexibility and grid-stability capabilities. Recent expansion has added Connected Wind Services Denmark (a pending O&M acquisition from EnBW), the EURA Energy sub-brand, the 51 MW Oster Starup hybrid park with JYSK PPA in Denmark, the 116 MWh Teiuș BESS in Romania, a 382 MW portfolio acquisition in Poland, and a €2 billion Blackstone minority investment intended to accelerate deployment by 3-4x.

Differentiator

Problem solved

Functional benefit

Brands

• EUROWINDInvestor (EWEInvestor): Proprietary online portal that provides clients of Eurowind Energy's Asset Management services with fast and direct access to information about their assets, including production, budgets, park adjustments, inspection reports, meeting minutes, accounting documents, and operational logs.
• EURA Energy

Products and services

• Project Development End-to-end development of wind, solar, and hybrid renewable energy parks, covering opportunity identification, permitting, local stakeholder engagement, construction, and handover to operations. Target customers include landowners, municipalities, and co-investment partners.
• Investment in Renewable Energy Capital investment by Eurowind Energy in the development, construction, and operation of renewable energy parks; over €1 billion invested to date, with 1.5 GW currently owned and operated. Investment is structured via co-investment partnerships with institutional investors and family offices.
• Asset Management Technical, commercial, and financial asset management of wind and solar parks for institutional investors and family offices, including 24/7 remote monitoring, technical due diligence, accounting, budget and cash-flow forecasting, supplier negotiations, and audits, supported by the proprietary EWEInvestor client portal.
• Clean Power Sales (Power Purchase Agreements) Sale of clean electricity from owned and operated wind and solar parks to commercial and industrial buyers via multi-year Corporate Power Purchase Agreements (PPAs), offering long-term price predictability and supporting customers' decarbonization commitments (e.g., JYSK, Faerch).
• Repowering Replacement or upgrade of aging wind turbine components and systems to extend asset life and increase output of existing wind parks for asset owners and investors.
• Biogas Biogas production operations as part of Eurowind Energy's renewable energy portfolio alongside wind, solar, hydrogen, and battery solutions, supplying renewable gas to commercial buyers.
• Battery Energy Storage Systems (BESS) Grid-scale Battery Energy Storage Systems (BESS) integrated into renewable energy parks to provide energy time-shifting and grid-stability services, with technology focus on lithium iron phosphate (LFP) chemistry. Includes flagship 1 MW/1 MWh test installation at GreenLab in Denmark and 116 MWh Teiuș BESS in Romania.
• EWEInvestor Client Portal Proprietary online investor portal provided to technical asset management clients, offering direct access to park-specific production, budgets, inspection reports, accounting documents, error logs, outages, and comments from the assigned technical asset manager.

Quantifiable outcome

• 1.5 GW of owned and operated wind and solar parks
• +7 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

14 partnerships are on record, tiered flagship, major and minor.

• JYSKflagshipStrategic or Co-development Partner · 16 June 2026Eurowind Energy signed a multi-year Power Purchase Agreement (PPA) with Danish furniture retailer JYSK to supply approximately 80% of JYSK's Danish energy consumption from the 51 MW Oster Starup hybrid renewable park (wind + solar + 40 MW battery storage) near Vejle, scheduled to become operational mid-2028 and supporting JYSK's scope 1 and 2 emissions reduction target of 50.4% by 2032.
• Connected Wind Services DenmarkflagshipStrategic or Co-development Partner · 19 March 2026Eurowind Energy has signed an agreement to acquire Connected Wind Services Denmark from EnBW Energie Baden-Württemberg AG, subject to competition authority approval. The target is Denmark's largest independent wind turbine service provider (~35 years of experience, ~1,000 turbines, 100+ technicians, ~DKK 191 million revenue in 2025) and will continue to operate as an independent company under its current management, strengthening Eurowind's technical capabilities across the wind value chain.
• EnBW Energie Baden-Württemberg AGmajorStrategic or Co-development Partner · 19 March 2026German utility EnBW is the seller of Connected Wind Services Denmark to Eurowind Energy in a transaction pending competition authority approval. The acquisition extends Eurowind's operations and maintenance footprint across Denmark and Northern Europe.
• FaerchmajorStrategic or Co-development Partner · 18 March 2025Eurowind Energy signed a new wind-power purchase agreement with food-packaging manufacturer Faerch to supply additional renewable energy to Faerch's operations.
• CapstoneminorStrategic or Co-development Partner · 8 November 2022Eurowind and Capstone joined forces in November 2022 to collaborate on renewable-energy projects, as referenced on the corporate news page.
• EURA EnergyminorStrategic or Co-development Partner · 26 November 2021EURA Energy was launched as a new developer and power producer in November 2021; Eurowind Energy S.R.L. operates the EURA Energy AD subsidiary in Sofia, Bulgaria (VAT 206748287).
• SE Blue RenewablesminorStrategic or Co-development Partner · 20 February 2020Eurowind Energy A/S acquired SE Blue Renewables in December 2019 and closed the deal in February 2020 to expand its development footprint.
• VestasmajorOthersVestas is a major wind turbine supplier to Eurowind Energy, including a 54 MW order for the GreenLab Skive project in Denmark and a 40 MW order across three projects in Poland; multiple procurement agreements have been signed between the two companies.
• VattenfallminorStrategic or Co-development PartnerIn March 2022, Eurowind Energy acquired onshore wind development projects from Vattenfall, expanding its Nordic development pipeline.
• APREN - Associação Portuguesa de Energias RenováveisminorOthersEurowind Energy Portugal is a member of APREN, the Portuguese Renewable Energy Association.
• AP2H2 - Associação Portuguesa para a Promoção do HidrogéniominorOthersEurowind Energy Portugal is a member of AP2H2, the Portuguese Association for the Promotion of Hydrogen.
• Konfederacja LewiatanminorOthersEurowind Energy Poland is a member of Konfederacja Lewiatan, the largest Polish business and employer confederation.
• Uniwersytet Przyrodniczy w PoznaniuminorOthersEurowind Energy Poland collaborates with Poznań University of Life Sciences (Uniwersytet Przyrodniczy w Poznaniu) on educational initiatives, including renewable-energy teaching programs.
• PATRES (Employers' Organization of Renewable Energy Producers Romania)minorOthersEurowind Energy Romania is a member of PATRES, the Romanian Employers' Organization of Renewable Energy Producers.

Scale indicators12 records

Recent moves9 records

Expansion highlights7 records

Direct peers

• European Energy: Danish-headquartered developer and operator of wind, solar, and Power-to-X projects across Europe and beyond, with a comparable integrated model spanning development, ownership, and green power sales; directly comparable geography, technology stack, and PPA-driven business model.
• BayWa r.e. German-headquartered global developer, service provider, and operator of renewable energy projects spanning wind, solar, and storage across Europe and the Americas; closely comparable integrated platform with PPA origination, asset management, and project development.
• Voltalia: French renewables developer and operator with wind, solar, hydro, and storage across Europe, Latin America, and Africa; comparable integrated developer-IPP model with corporate PPA origination as a core revenue stream.
• Eolus Vind: Swedish wind and solar project developer and operator with a similar Northern European footprint, project development model, and co-investment partnerships; comparable in scale, geography, and customer base of utility-scale wind farms.
• Cloudberry Clean Energy: Nordic renewable energy developer and operator building a portfolio of wind, solar, and hydro assets across Norway, Sweden, and the wider Nordics; comparable Nordic-centric development and ownership model targeting similar corporate and industrial offtakers.
• Encavis AG: German-based independent power producer operating a portfolio of onshore wind, solar, and battery storage assets across Europe, with PPAs to corporate and municipal offtakers; comparable IPP and PPA strategy with European geographic overlap.
• PNE AG: German wind and solar project developer with international operations covering project development, EPC, operation, and electricity marketing; directly comparable business model and European geographic footprint.

Broad incumbents

• Ørsted: Danish-headquartered global leader in offshore wind and a major onshore/utility-scale renewables operator; overlaps with Eurowind in wind development, green power sales, and Danish/Northern European markets, but operates at much larger scale and is offshore-focused.
• EDP Renováveis (EDPR): Portuguese-headquartered global renewables developer and operator with significant European wind and solar operations; comparable to Eurowind's Iberian footprint and PPA-driven commercial focus but at vastly larger, globally diversified scale.

Others

• EnBW Energie Baden-Württemberg: German integrated energy utility and the seller of Connected Wind Services Denmark to Eurowind; comparable as a broader incumbent in European renewable energy with overlapping wind O&M and project development capabilities, but materially larger and more diversified.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/eurowind-energy-a-s
• Xx.com/EurowindEnergy

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles20 records

Subsidiaries13 records

Funding overview

Funding rounds3 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eurowind Energy