European Energy reported strong 2025 performance with revenue rising to EUR 766 million and EBITDA reaching EUR 170 million. The company expanded its BESS pipeline to 7.4 GW, advanced 1,189 MW to FID and commissioned 662 MW across 14 projects. Renewable generation totalled 4.5 TWh, while Power-to-X operations commenced at the Kassø e-methanol facility.
PROJECT SNAPSHOT
European Energy has reported strong progress in 2025 with expanded deployment of Battery Storage along with renewable generation and Power-to-X assets.
According to the report, the revenue for the year has increased to EUR 766 million (approximately USD 828 million) significantly higher than EUR 416 million in 2024, while EBITDA rose to EUR 170 million and profit before tax totalled EUR 39 million. Project sales totalled to EUR 620 million, reflecting higher transaction activity across multiple markets.
The company expanded its BESS pipeline from 2.4 GW to 7.4 GW during 2025, marking a significant increase in planned storage capacity. The strategy focused on integrating battery systems to manage grid constraints, optimize dispatch and improve revenue stability across solar and wind portfolios.
Grid-connected BESS capacity reached 54 MW with a total storage capacity of 204 MWh following an upgrade at Kvosted Energy Park and further upgrades are planned to improve flexibility and revenue across solar and wind projects.
Beyond storage, 1,189 MW of renewable energy capacity reached final investment decision (FID) during 2025, up from 666 MW in 2024. European Energy grid-connected 662 MW across 14 projects and had approximately 1.3 GW under construction across eight countries by year-end. The development pipeline also progressed, with 6 GW of projects entering the structuring phase. Total managed and owned energy production capacity reached 3.8 GW across five technologies.
Renewable electricity production from owned and managed assets totalled 4.5 TWh during 2025. Commercial activity remained high, with more than 20 power purchase agreements and contracts for difference secured, covering over 1.2 GW across Europe and Australia. These agreements support project financing and long-term revenue frameworks.
In Power-to-X, the company commenced operations at the Kassø e-methanol facility in Denmark, producing e-methanol using renewable electricity and biogenic CO₂ for shipping and chemical sector applications.
For 2026, European Energy expects improved financial performance supported by increased project sales, reduced curtailment exposure and further BESS integration across its operating assets. The company has issued EBITDA guidance of EUR 200–300 million, subject to market conditions and project divestment timing.