Malmö, Sweden, 12 June 2026

Landinfra Energy AB (“Landinfra”), through its subsidiaries, and Eiffel Investment Group (“Eiffel”), through its infrastructure funds, have entered into an agreement to jointly develop a portfolio of large-scale solar and battery storage projects in Norway.

Under the agreement, Eiffel will acquire a 50 percent interest in the Norwegian portfolio from Landinfra, with Landinfra retaining the remaining 50 percent. The portfolio comprises four projects located in the NO1 price area, with an aggregate planned capacity of approximately 886 MW of solar power and 177 MW of co-located battery storage.

The projects are in development stage and the first projects are planned to reach ready-to-build in 2028, subject to obtaining all required permits. If fully developed and constructed, the portfolio is expected to represent an investment volume in excess of EUR 700 million and to deliver approximately 900 GWh of renewable electricity annually to the Norwegian power system, strengthening renewable generation in the NO1 price area.

The transaction represents an expansion of the partnership between Landinfra and Eiffel announced in April 2024, which covers the joint development of up to 1,800 MW of renewable energy projects in Sweden. Through the expanded partnership, the parties will further leverage and combine Landinfra’s project origination and development capabilities in the Nordics with Eiffel’s experience in financing and supporting the development of renewable energy infrastructure across Europe.

“We are pleased to expand our successful partnership with Eiffel to include a portfolio of large-scale solar power projects with co-located battery energy storage in Norway. Eiffel is a leading European asset manager with extensive experience from development partnerships and infrastructure financing. Together, we bring the capabilities, experience and financial strength required to develop new and much-needed renewable electricity generation in NO1.”, says Marcus Landelin, CEO and Co-founder of Landinfra.

“Norway represents a compelling opportunity for renewable energy development, and this portfolio is a strong addition to our growing Nordic presence. We are delighted to deepen our partnership with Landinfra, who has proven being an ideal partner in the Nordics. Expanding our collaboration with them into Norway is a natural next step. This transaction reflects Eiffel’s conviction in the long-term value of utility-scale solar and battery storage across Europe, and our commitment to supporting the energy transition with both capital and operational know-how”, says Laurent Coubret, Investment director and fund manager at Eiffel.

About Landinfra Energy

Landinfra Energy is a Nordic renewable energy developer focused on large-scale renewable energy and infrastructure projects covering onshore wind, offshore wind, energy storage, hydrogen, eFuels and industrial projects.

Landinfra develops both greenfield and brownfield projects in close collaboration with landowners, investors and industrial partners. Its portfolio comprises approximately 6 GW of onshore renewable energy projects and 6 GW of offshore wind projects in various stages of development across the Nordics.

For more info: www.landinfra-energy.com

About Eiffel

Eiffel Investment Group is an independent asset manager with more than €8 billion under management (as of 31/03/2026, including uncalled commitments). Its investor base consists of large institutional investors (insurance companies, mutual insurers, pension funds, banks, family offices, public investors, etc.) as well as retail investors via intermediated distribution. Thanks to its in-depth financial expertise and recognized industrial know-how, Eiffel Investment Group invests in companies and their assets through a set of complementary strategies covering private debt, energy transition infrastructure (both debt and equity), private equity, and listed credit and equity markets. A pioneer in energy transition financing, Eiffel Investment Group places impact at the heart of its model. Its strategies aim to generate sustainable financial performance while making a concrete contribution to decarbonization, innovation, and the development of a more resilient economy. Drawing on experienced teams and a local presence in several key geographies, the group operates from its offices in Paris, Amsterdam, Milan, Warsaw, New York, and Abu Dhabi. This international footprint allows it to work closely with the companies and developers it supports.

Notes

This transaction is supported by the European Union under the InvestEU program.