FIH Partners advises European Energy, a leading developer of renewable energy in Europe, on the divestment of a 20% stake to Mitsubishi HC Capital (MHC). Following the transaction, MHC will become the company’s second-largest shareholder and the partnership will provide European Energy with a capital injection of around EUR 700m.
Founded in 2004, European Energy has activities in the entire value chain from site selection and development to construction and operations. The company is present in 28 countries globally and has a diverse development pipeline surpassing 60 GW. European Energy is present within all key renewable technologies and is a pioneer within Power-to-X innovation, where it is currently constructing the world’s largest e-methanol facility.
The proceeds raised from the transaction will strengthen European Energy’s balance sheet and contribute to accelerate its continued growth. MHC’s international presence and strategic focus will help facilitate European Energy’s growth ambitions and aligns well with the current strategy.
The transaction successfully closed in April 2024.
FIH Partners acted as exclusive financial advisor to European Energy on the transaction.
