History and development of Eurowind Energy

Eurowind Energy's history from establishment until today

Two of the company's founders, Jens and Søren Rasmussen, grew up in the wind energy industry. Their father was one of the first wind turbine manufacturers in Denmark, and therefore the family had a natural and professional focus on the technology and operation of wind turbines. In 1996-2000 – during the Danish wind turbine boom – Jens and Søren invested in their first wind turbines together with their father.

The successful investments in Denmark contributed to aspirations of investments abroad, and in 2003 Jens and Søren started investing in wind turbines in Germany. In Germany, the brothers came in contact with lawyer Jakob Kortbæk, who already knew the German market very well.

Eurowind Energy has since then grown rapidly and has throughout the years developed into a leading developer and operator of wind and solar projects.

On the 10th of January 2019, Eurowind Energy A/S merged with Eniig Renewables A/S (Norlys). After several years of successful cooperation concerning the establishment and operation of wind parks, the two companies decided to join forces and create an even more powerful company. The aim is still to be the leading developer of sustainable energy projects locally as well as globally.

Eurowind Energy A/S is now owned 50 % by EWE Holding ApS and 50 % by Norlys Holding A/S.

Eurowind Energy's development throughout the years

1996-2000: Investment in 12 wind turbines in Denmark.

2001-2005: Analysis of the German market and the first investment (acquisition of 6 MW in Germany). Sale of 60 MW wind energy in collaboration with a major wind turbine developer.

2006-2007: The foundation of Eurowind Energy A/S as a merger of Søren Rasmussen’s, Jens Rasmussen’s and Jakob Kortbæk’s individual assets within the wind turbine industry.

2008-2011: Germany as the primary market and a further expansion of the market to comprise Poland as well as Romania.

2012-2015: Focus on the development and construction of own-development wind farms in Denmark and abroad plus growth in assets under management and operation (TCM). Take on a major TCM portfolio at year-end 2014 (resulting in an aggregate portfolio of approx. 700 MW). Focus on the optimisation of agreements and operations within TCM.

2016-2017: The opening of an office in Portugal, to be focused on searching for potential solar-cell and wind-power projects in South Europe. The opening of a Swedish-based office together with the purchase of a major development portfolio. Continued focus on the development and construction of own-development farms together with the optimisation of TCM activity.

2018: Focus on own development and construction of wind farms in existing markets. The goal is the management of 1,000 MW by means of own development and taking on the management of external farms where economies of scale and negotiating muscle will benefit existing as new clients. Market entry in France through a 50% acquisition of the French development company, Ventelys Energies Partagées SAS.

2019: Eurowind Energy has merged with Eniig Renewables (Norlys) securing a strong economic basis for ramping up European development and construction activities. Opening of new offices in the UK. Acquisition of the German development company Wenger-Rosenau Windenergie GmbH & Co. KG. Acquisition of SE Blue Renewables from PFA and Norlys (184 MW in operation as well as the construction project Wind park Overgaard consisting of 26 wind turbines).

2020: Norlys a.m.b.a. and Eurowind Energy have joined forces to establish a new company – Norlys Energy Trading A/S. The ambition is to create a European power center for renewable energy and commercial energy trading.

Future: The aim is to play a significant role in the future energy society and to create sustainable and simple solutions, as well as to achieve and develop a position as a leading developer and operator of sustainable energy projects.