Blackstone Infrastructure to invest up to €2 billion in Eurowind Energy
Type: Investment · Technology: Onshore Wind, Solar, Storage · Country: Denmark · Value: $2.16B · Announced: 2026-04-29
Blackstone Infrastructure agreed to invest up to €2 billion (USD 2.16 billion) in Eurowind Energy, a pan-European renewable energy developer and independent power producer headquartered in Hobro, Denmark. The investment will support Eurowind’s development pipeline across 16 European markets, including onshore wind, solar, battery storage, and biogas projects, with the company targeting three to four times more capacity additions than its current pace. Eurowind Energy, founded in 2006 by CEO Jens Rasmussen, Søren Rasmussen, and Jakob Kortbæk, will continue to be led by Rasmussen, who remains invested alongside Norlys, Denmark’s largest integrated energy and telecoms group. The transaction is expected to close before the end of 2026, subject to customary conditions, and aims to accelerate Europe’s energy infrastructure build-out amid rising power demand driven by electrification, AI, reindustrialisation, and energy security needs. Blackstone highlighted Eurowind’s vertically integrated renewables platform as a key reason for the investment, noting the company’s expansion across European markets and its role in supporting the continent’s transition to self-sufficient, stable energy. Advisory roles were distributed among major financial and legal firms, with Barclays, Nomura Greentech, and Santander advising Blackstone on the M&A process, while Latham & Watkins and HortenDahl provided legal counsel to the buyer.
Counterparties
- Barclays (Advisor Buy)
- Blackstone Infrastructure (Investor)
- Eurowind Energy (Developer)
- Latham & Watkins (Legal Buy)
- ABG Sundal Collier (Advisor Sell)
- Santander (Advisor Buy)
- Nomura Greentech (Advisor Buy)
- Norlys (Parent Company)
- Kromann Reumert (Legal Sell)
- Accura (Legal Sell)
- EWE Holding (Advisor Sell)
- HortenDahl (Legal Buy)