Eurus Energy Europe B.v.

What Eurus Energy Europe B.v. does

Eurus Energy Europe B.V. is a Dutch private limited company headquartered in Amsterdam that develops, invests in, owns, and operates utility-scale onshore wind, photovoltaic solar, and battery energy storage system (BESS) projects across Europe. Founded in April 1997 (originally as Tomen Power Europe B.V.) and rebranded in 2002, the company is a wholly owned subsidiary of Eurus Energy Holdings Corporation, which has been 100% owned by Toyota Tsusho Corporation (Tokyo Stock Exchange: 8015) since August 2022. Eurus Energy Europe currently operates 1.2 GW of installed renewable capacity across 46 projects in 7 European countries, with dedicated local teams in the Netherlands, Spain, Norway, Poland, and Italy, and subsidiaries including Eurus Energias Renovables (Spain), Eurus Energy Norway AS, Eurus Energy UK Ltd., and AEOLUS SAS.

The company's core product lines are wind power generation, utility-scale solar PV, grid-scale BESS, and Corporate Power Purchase Agreements, with emerging activity in green hydrogen. Revenue is generated primarily through long-term PPAs with national and regional utilities (and, increasingly, corporate buyers), with BESS projects adding capacity payments and grid-balancing services revenue. The business model is project-finance-driven, using co-development partnerships with local developers (IVPC in Italy, EDF in Poland, YARD Energy in the Netherlands) to share development risk, combined with direct ownership through special purpose vehicles and non-recourse debt arranged with banks such as UniCredit and Crédit Agricole Italia. The company is differentiating through wind farm repowering (replacing aging turbine fleets with modern high-capacity units such as GE Vernova 6.1-MW machines at Fortore), hybrid PV+BESS deployments (Baracska, Hungary), and large-scale storage (Kobiernice 120 MW/280 MWh in Poland), alongside a UK offshore wind JV targeting commercial operation by 2030.

Eurus Energy Europe serves electricity utilities, grid operators, and corporate energy buyers across Europe, with additional co-investment partners and lenders (UniCredit, Crédit Agricole, Eiffel Investment Group) as financial counterparties. Its distribution model is entirely B2B: no direct-to-consumer sales. The company is currently expanding its geographic footprint and product mix into Poland, Hungary, the UK, and adjacent technologies (BESS, hydrogen), positioning itself as a diversified European renewable platform within the Toyota Tsusho Group.

Name

Eurus Energy Europe B.v.

Legal name

Eurus Energy Europe B.V.

Website

https://eurus-europe.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

11–50 employees

Short description

Eurus Energy Europe B.V. is a Dutch utility-scale renewable energy developer and operator owned by Toyota Tsusho Corporation. It develops, owns, and operates onshore wind, solar PV, and battery storage projects across 7 European countries, selling electricity via long-term PPAs to utilities and corporate buyers.

Ownership category

akta.pro rank

Product category

Renewable Energy Generation

NAICS

Wind Electric Power Generation (221115), Solar Electric Power Generation (221114), Electric Power Generation (22111)

SIC

Electric Services (4911)

akta.pro primary industry

Renewable Energy Infrastructure (FSAAAKAG)

akta.pro secondary industries

Wind Power Plant EPC (Onshore/Offshore) (EUAEAAAF), Solar PV Power Plant EPC (Utility-Scale) (EUAEAAAG), Retail Supply + DER/Virtual Power Plant Bundles (Solar, Storage, DR) (EUAGABAI)

Keywords

• Wind power generation
• Solar power generation
• Battery energy storage
• Corporate PPA supply
• Renewable energy development

Headquarters

HQ city

Amsterdam

HQ country

Netherlands

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Sale of Generated Electricity via PPAs: Eurus Energy Europe generates revenue by selling electricity produced from its wind, solar, and BESS assets to utility companies and corporate buyers under long-term Power Purchase Agreements (PPAs). Offtakers include UniCredit/Crédit Agricole-backed project financing structures and public utilities such as Tohoku Electric Power Network in Japan and Pacific Gas & Electric in the US. The company maintains and operates assets over multi-decade project lifetimes.
2. Capacity Payments and Grid Services: Battery energy storage systems and renewable assets provide grid balancing, frequency regulation, and system stability services, generating capacity-based revenue streams in addition to energy sales. BESS projects (e.g., Kobiernice 120 MW/280 MWh in Poland) are specifically positioned to support system balancing and strengthen grid reliability, addressing the growing need for flexibility in European energy markets.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels4 records

Core offering

Eurus Energy Europe B.V. develops, builds, owns, and operates utility-scale renewable energy generation assets — including wind farms, solar PV plants, and battery energy storage systems — across multiple European countries. The company sells the electricity and grid-balancing capacity produced by these assets primarily under long-term Power Purchase Agreements (PPAs) to utilities and corporate energy buyers.

Product overview

Eurus Energy Europe operates a diversified portfolio of renewable energy generation assets across Europe, comprising four core product lines: Wind Power (onshore and offshore wind farms), Solar Power (utility-scale photovoltaic plants), Battery Energy Storage Systems (grid-scale BESS for system balancing and flexibility), and Corporate PPA (direct renewable energy sourcing for businesses). The company also has emerging Green Hydrogen production projects. These products serve European markets through project development, construction, ownership, and long-term operation, supporting grid reliability and corporate decarbonization goals.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• The Fortore Wind Farm repowering increases capacity from 84 MW to 134.2 MW while reducing turbine count from 140 to 22 — substantially increasing output with reduced environmental footprint
• +3 more outcomes

Named customers3 records

Segments3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• EDF power solutions PolskacoreStrategic or Co-development Partner · 16 July 2026EDF power solutions Polska and Eurus Energy Europe established a joint venture for the development, construction, and operation of a 120 MW / 280 MWh utility-scale BESS in Porąbka, Poland. The project was initially developed by EDF power solutions Polska and will enter construction soon, targeting commercial operation in H2 2027. This is the first partnership between the two companies in large-scale energy storage in Poland.
• IVPC GroupcoreStrategic or Co-development Partner · 29 May 2026IVPC Group, a leading Italian renewable energy company, and Eurus Energy jointly achieved financial close for the repowering of the Fortore Wind Farm in Italy. IVPC led development and construction; Eurus contributed capital and international expertise. The project replaces 140 turbines (84 MW) with 22 modern 6.1-MW GE Vernova turbines, increasing capacity to 134.2 MW. Phase 1 in Montefalcone di Val Fortore commences commercial operation in June 2026; Phase 2 construction starts across multiple municipalities.
• Highland Wind Limited (Eurus Energy UK Ltd. joint venture)coreStrategic or Co-development Partner · 15 January 2026Eurus Energy UK Ltd. participates in Highland Wind Limited, a joint venture for the Pentland Floating Offshore Wind Farm in Scotland. JV partners include Copenhagen Infrastructure Partners P/S, Hexicon A/B, National Wealth Fund, Great British Energy, and Scottish National Investment Bank. The project secured a Contract for Difference (CfD) in the UK government's seventh allocation round, targeting 100 MW maximum capacity and commercial operations by 2030.
• GE Vernova (turbine supplier)coreTechnology or IntegrationGE Vernova supplies 6.1-MW wind turbines for the Fortore Wind Farm repowering project. Eurus Energy selects tier-1 turbine manufacturers as equipment suppliers for its projects.
• Electrum sp. z o.o. (EPC contractor)coreImplementation/ SI/ Consulting PartnerElectrum sp. z o.o. is the EPC contractor for the Bożacin and Starygród photovoltaic power plants in Poland, both 20 MWp (DC) solar projects in the Greater Poland Voivodeship, connected to the Krotoszyn-Połnoc substation.
• Alplan Sp. z o.o. Sp. k. (engineering services)coreImplementation/ SI/ Consulting PartnerAlplan Sp. z o.o. Sp. k. provides engineering services to Eurus Energy for the Bożacin and Starygród solar power plant projects in Poland.
• Energa-Operator S.A. (grid operator)coreTechnology or IntegrationEnerga-Operator S.A. operates the grid substation (Krotoszyn-Połnoc) to which the Bożacin and Starygród solar plants are connected for grid integration.
• YARD ENERGY GroupcoreStrategic or Co-development PartnerYARD ENERGY Group, a Dutch-based developer of wind energy projects, partnered with Eurus Energy to develop Windpark Deil (21 MW) and Windpark Spui. Eurus acquired projects from YARD prior to financial close, with YARD remaining as a minority shareholder from start of operation. YARD also manages construction of Windpark Deil.
• BAN RecruitmentminorChannel Partner/ Reseller/ DistributorBAN Recruitment supports Eurus Energy Europe with screening and recruitment for open positions such as the QHSE Manager Europe role. Candidates may be contacted directly by BAN Recruitment during the selection process.

Scale indicators8 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Encavis AG: German independent solar and wind operator owning a portfolio of utility-scale renewable assets across Europe; similar IPP-style model with PPA-backed revenues and growing BESS exposure.
• EDF Renewables: EDF's global renewable development arm operates utility-scale wind, solar and storage projects across Europe with a comparable geographic spread, technology mix and PPA-based offtake model; Eurus is partnered with EDF power solutions Polska on the Kobiernice BESS.
• EDP Renewables: EDP's renewables subsidiary is a European and global wind/solar/storage developer-operator, similar in scale and technology mix to Eurus Energy Europe and active in overlapping geographies such as Iberia and Poland.
• Acciona Energía: Spanish independent renewable IPP focused on wind, solar and storage across Europe and the Americas; competes head-to-head with Eurus in Iberia and adjacent European markets and shares an IPP/developer-operator profile.

Broad incumbents

• Enel Green Power: Enel's renewables subsidiary develops, builds and operates wind, solar and battery storage globally with a heavy European footprint, overlapping directly with Eurus on technology stack, offtake structure (PPAs) and grid-services revenue.
• Engie Renewables: Engie develops and operates utility-scale wind, solar and storage across Europe with a corporate PPA offering; competes for similar offtakers and project sites as Eurus.
• Statkraft: Norwegian state-owned generator that develops and operates wind, solar and hydro across Europe with a focus on long-term PPAs and grid services, comparable to Eurus's Nordic operations and asset-backed model.
• RWE Renewables: RWE's renewables division develops and operates utility-scale wind, solar and battery storage in Europe and globally, sharing Eurus's wind-repowering, hybrid and offshore wind ambitions.
• Vattenfall (Wind/Solar/BESS): Vattenfall's renewable generation business covers onshore and offshore wind, solar PV and batteries across Northern Europe; directly comparable asset owner/operator in markets where Eurus also operates (Netherlands, Nordic region).
• Iberdrola Energía Renovables: One of the largest European renewable developers and operators, with onshore and offshore wind, solar PV and storage across Iberia and the wider continent; comparable business model and access to corporate PPA demand.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/eurus-energy-america-corporation/posts/?feedView=all

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries6 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Eurus Energy Europe B.v.