Pension investors company APG and OMERS Infrastructure announced today an agreement to acquire Netherlands-based energy transition platform Groendus from investment company NPM Capital. APG and OMERS plan to support Groendus’ energy transition growth vision.
Founded in 2021 through the merger of six companies in the rooftop solar, metering and energy services spaces, Groendus develops and operates energy assets, installing more than 170 MWp of solar capacity and over 12,000 meters to date. Groendus’ data-driven platform, “Mijn.Groendus”, maps out the entire energy management of its clients and provides insight and action through smart meters and artificial intelligence.
René Raaijmakers, CEO Groendus, said:
“There is an urgent need to transform the traditional energy supply into a sustainable, clean energy system. Jointly with our customers, Groendus makes a major contribution through its renewable energy assets, insights by smart metering data and with our unique peer-to-peer sustainable energy trading platform.”
Groendus stated that it is committed to growing its portfolio of 300 solar projects, and aims to expand its suite of energy transition to solutions, such as EV charging and battery storage. APG and OMERS said that they plan to support the company’s energy transition growth plans.
Jan-Willem Ruisbroek, Head of Global Infrastructure Investment Strategy at APG, said:
“As a pension investor, we are continuously looking for attractive, long-term, responsible investments. Not only do we expect solid returns, it also contributes to APG’s ambition to support the development and scale up of technology enabling a rapid energy transition in the Netherlands as well as the UN Sustainable Development Goals.”
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