New cost-competitive source of financing for solar energy
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The model and partnership ensures cost-competitive and long-term financing of the solar infrastructure projects, which is an important step when upscaling green solutions and reducing greenhouse gas emissions.
The first three Better Energy solar plants financed by mortgage loans from Nykredit supply the global bioscience company Chr. Hansen and the Danish capital Copenhagen with green energy. Better Energy will maintain ownership of two of the plants, whereas the third solar plant has been divested to the local Copenhagen utility company, HOFOR. The three solar plants combined have a capacity of 75 MWp and are expected to produce electricity equal to the annual electricity consumption of 19,000 Danish households.