Partial transfer of the shares of the two wind farms in the Netherlands

As of November 16, 2021, Eurus Energy Group has completed a partial transfer of its shares in two wind farms operating in the province of Groningen, the Netherlands, Windpark Mauve and Windpark Mondriaan, to Groningen Seaports NV.

Groningen Seaports is a public enterprise that manages and operates the Ports of Delfzijl and Eemshaven, as well as adjacent industrial estates. We will continue to manage the operation of the two wind farms, both of which are located near the Port of Delfzijl Furthermore, Eurus and Groningen Seaports have entered into a long-term collaboration to develop renewable energy projects in the region, including new businesses such as the production of green hydrogen.

Aiming to realize our corporate philosophy of "Helping to Preserve the Global Environment by Disseminating and Expanding Clean Energy Technologies" and to contribute to the creation of a sustainable economy and society, Eurus is accelerating our efforts to create new business opportunities besides the power generation business.

Outline of the Project