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Global investment firm Blackstone has agreed to invest up to €2 billion in Eurowind Energy, a Danish-based renewable energy developer and independent power producer operating across Europe.

The investment, made through Blackstone Infrastructure, is aimed at accelerating Eurowind’s development pipeline across onshore wind, solar, battery storage, and biogas projects in more than 16 European markets.

The transaction is expected to close before the end of 2026, subject to customary approvals.

Eurowind Energy, headquartered in Denmark and led by CEO Jens Rasmussen, has built a diversified renewable portfolio supported by a workforce of around 700 employees.

The company develops and operates projects across multiple technologies, positioning itself as a vertically integrated renewable platform.

According to the company, the new capital will enable it to significantly accelerate deployment, with plans to install three to four times more solar, wind, and battery capacity compared to its current pace.

Blackstone’s investment reflects growing expectations for increased power demand in Europe, driven by:

• Electrification of transport and industry
• Growth in data centres and AI infrastructure
• Reindustrialisation trends
• Energy security priorities

European electricity demand is projected to grow by more than 3% annually through 2040, reversing years of stagnation.

Following the investment, Eurowind Energy will continue to be led by its existing management team, with CEO Jens Rasmussen remaining in place and retaining an ownership stake alongside Norlys, Denmark’s largest integrated energy and telecom group.

Blackstone Infrastructure, which invests in long-term assets across sectors such as energy, transport, and digital infrastructure, brings capital and operational expertise to support the company’s next growth phase.

Source: Blackstone.com