The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Electricity Electricity, gas, steam and air conditioning supply Electricity, gas, steam and air conditioning supply 35 - Electricity, gas, steam and air conditioning supply
80 jobs Number of planned job losses
Announcement Date
27 February 2025
Employment effect (start)
27 February 2025
Foreseen end date
27 February 2025
Description
Better Energy, a Danish renewable energy company, is undergoing a significant restructuring to ensure its future operations. As part of this process, two subsidiaries, Better Energy A/S and Better Energy Denmark A/S, have filed for bankruptcy, resulting in the dismissal of approximately 80 employees across the group. The company had attempted to attract new investors through Carnegie Investment Bank but was unable to secure sufficient interest. The parent company, Better Energy Holding A/S, will continue restructuring, aiming to establish a new entity to maintain operations related to solar parks and projects. The restructuring plan includes the formation of Better Energy Management A/S, which will focus on the construction, maintenance, and asset management of existing solar projects. Despite the reductions, Better Energy remains committed to the green transition and will continue cooperating with partners to sustain key activities.
Eurofound (2025), Better Energy, Bankruptcy in Denmark, factsheet number 202437, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/202437.
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