We are in a small town south of Aalborg, Denmark, where Jens Rasmussen’s father built the first wind power plant in the 1970s. Eurowind Energy has gone through many transformations, as Jens Rasmussen reminded us in a meeting at the headquarters in Hobro, and today it has developed to the point where it provides even 10% of Denmark’s energy, whose consumption is covered by wind power in a proportion of up to 60%, on a windy day.

“Romania is one of our most important markets… Our strategic advantage was that we started looking beyond the borders early, while our competitors did not,” recalls Rasmussen, CEO and one of the three partners who own Eurowind.

First, the Danish company expanded into Poland and Germany, and in 2010-11 it also entered the Romanian market.

“We already had a lot of experience on the German market, which we used in expanding into emerging markets. Our objective is to sell energy. We aim to have 50-60% bilateral contracts (PPAs), and the rest is sold on the market,” says Rasmussen, who considers Romania’s contract-for-difference (CfD) system among the best in the world.

“In total, we have invested 2.5 billion euros so far and we are preparing for global investments of about 1 billion euros per year in all markets. It is much more interesting to invest in European markets now than in 2020. We have reduced our investments in the US, but we are growing in Europe”, which means that the transition cannot be made without gas, which acts complementary to renewables to ensure the load of the grid, and nuclear must be seen as the enemy of the environment, with high hidden costs and unviable in the long term.

In Romania, Eurowind Energy will invest a third of the global budget, if the network allows it. Currently, there are some delays in the projects related to bureaucracy and the policies of the network and system operators, but once these barriers are overcome, the Danish company will have installed a capacity of about 1GW in wind and solar parks, but in storage, in the next five years, in Romania.

More details in the December 2025 issue of Energynomics Magazine, which will be launched on December 4.

Autor: Bogdan Tudorache

Active in the economic and business press for the past 26 years, Bogdan graduated Law and then attended intensive courses in Economics and Business English. He went up to the position of editor-in-chief since 2006 and has provided management and editorial policy for numerous economic publications dedicated especially to the community of foreign investors in Romania. From 2003 to 2013 he was active mainly in the financial-banking sector. He started freelancing for Energynomics in 2013, notable for his advanced knowledge of markets, business communities and a mature editorial style, both in Romanian and English.