Dutch multinational banking and financial services firm ING has launched a Sustainable Investments fund, committing EUR100 million of capital to support sustainable ’scale-ups’ with a proven concept and a positive environmental impact. The OECD definition of a scale-up is a company with an average annualized return of at least 20% in the past 3 years with at least 10 employees in the beginning of the period.
Energy Finance & Investment News in Netherlands
The Dutch Ministry of Economic Affairs and Climate Policy has held the country's first zero-subsidy offshore wind tender. The tender, described as a huge breakthrough by the Minister of Economic Affairs and Climate Policy, concerned sites I and II of the Hollandse Kust (Zuid) off-shore wind farm. It closed on 21 December 2017.
Vattenfall has announced that it has agreed to will supply 1.5 TWh of electricity annually to AkzoNobel in the Netherlands. The new agreement concerns AkzoNobel’s chemical production sites in Delfzijl, Hengelo and Rotterdam.
Saba Electric Company N.V. (SEC) has launched a tender for a solar power plant of at least 1 MW and battery storage of at least 1.5 MWh on the Dutch Caribbean island of Saba. This will be Saba's second solar power plant.
The consortium Blauwwind II C.V., comprising Shell, Eneco, Van Oord, and Diamond Generating Europe, a wholly-owned subsidiary of Mitsubishi has secured project financing from the European Investment Bank (EIB) for the up to 740 MW Borssele 3&4 offshore wind farm in the Dutch part of the North Sea.
DIF has announced the final close of DIF Core Infrastructure Fund I at the hard cap of € 450 million (US$ 527,83 million).
Vattenfall has decided to invest more than €200 million (US$233 million) to repower and expand its Wieringermeer onshore windfarm in the Netherlands, the largest wind investment to date for Vattenfall in the Netherlands.
According to the Netherlands Enterprise Agency (NEA), the Dutch government has announced plans to launch a tender process for Borssele Wind Farm Site V in January.
Climate Fund Managers (CFM) has announced the first close of Climate Investor One (CIO), at US$412 million.
A development consortium led by Shell is seeking European Investment Bank funding for the up to 740 MW Borssele 3&4 offshore wind farm in the Netherlands.
Northland Power Inc. has confirmed that the 600 MW Gemini offshore wind farm achieved full completion on April 28, 2017. The project was completed ahead of schedule and under its total budget of €2.8 billion (US$3.06 million).
Friesland's Council has approved the proposed €127 million (US$138 million) investment in the 320 MW Windpark Fryslân, an offshore wind farm of the Dutch Province of Friesland.
Greenko Energy Holdings (Greenko), an Indian renewable energy company, has announced the signing of definitive agreements for a primary equity raising of US$155 million from an affiliate of GIC and an entity that is ultimately wholly-owned by the Abu Dhabi Investment Authority (ADIA).
Windpark Krammer, a 102 MW wind power generation facility located in the Netherlands, has successfully reached financial close.
The Provincial Executive of the northwestern Dutch province of Friesland and the developers of the 320 MW Friesland offshore wind park in the Netherlands have reached an in-principle agreement on an investment in the project.
Canadian Solar Inc. has announced that Wirsol has started the commercial operation of a 30MWp solar photovoltaic power plant in Delfzijl, Netherlands, for which Canadian solar has supplied the panels.
A consortium of Royal Dutch Shell, Eneco, Diamond Generating Europe, a 100% subsidiary of Mitsubishi Corp, and Van Oord have won a tender for the construction and operation of Dutch offshore windfarms Borssele III & IV.
Eurus Energy completes acquisition of 72.5-MW portfolio of operational wind farms in the Netherlands
Eurus Energy Group, a Japanese renewable energy company, has announced it has completed the acquisition of nine wind farms in Netherlands from the Yard Energy Group, a wind energy developer in the Netherlands.