Joint ventures and full divestments of assets are the second parameter crucial to revenue after power sales.

Purpose

• Enhancing liquidity
• Allow focus on core competency within international green field development
• Increase speed of building new projects

Historically, European Energy has hold an average of 50% ownership in projects in operation. This is projected to decrease to 25% in order to serve a strong pipeline growth with strong liquidity. Less ownership share is not expected to cause less growth in the Group thanks to many new building permits for both wind and solar projects.