Private Banking|Professional Solutions|Investment Management|Investment Banking|About us
Contact
Login
  • Solutions
  • Sectors
  • Careers
May 2024
Powerfield logo
Sole Financial Adviser
c. 135 MWp
Combined acquisition of Dutch PV Solar development projects

PowerField

Sole Financial Adviser

Van Lanschot Kempen acted as Sole Financial Adviser in the acquisition of several major PV solar development projects in The Netherlands.

Transaction highlights

  • Van Lanschot Kempen is pleased to announce it acted as Sole Financial Adviser to PowerField Netherlands B.V. in acquiring several major PV solar development projects in the Netherlands
  • In total we supported PowerField on the combined acquisition of c. 135 MWp, which establishes PowerField as one of the leading independent solar electricity producers in the Netherlands Additionally, these acquisitions open up opportunities for PowerField to connect EV charging stations and battery energy storage systems
  • The combined capacity of approximately 135 MWp, will generate electricity for around 40,000 households annually
  • These transactions are a result of PowerField’s successful c. €500m debt and equity capital raise in January 2023, where Van Lanschot Kempen acted as Sole Financial Adviser

Company description

PowerField is a leading solar park developer that is expanding towards becoming an independent power producer. The company has built a robust and actionable pipeline across its three verticals consisting of c. 2 Gigawatt in solar projects, 6,000 EV charging stations and over 200 MWh in battery storage projects. The majority of its assets are located in the Netherlands, though the company is expanding into multiple European countries.

Today, PowerField has over 430 MWp of operational and ready-to-build solar projects in the Netherlands and where possible PowerField will install co-located batteries to ensure optimal use of the grid capacity in congested areas. This solution allows the excess energy produced by a solar park to be stored in a battery to address the capacity challenges of the Dutch electricity grid. In addition to the solar and battery business, PowerField is a strong emerging player in the EV (fast) charging industry through its subsidiary PowerGo, with over 1,000 charging stations operational and a portfolio of strong contracts and leads in the Netherlands and throughout Europe.

Background Van Lanschot Kempen Life Sciences & Healthcare

This is another important milestone transaction for Van Lanschot Kempen’s Infrastructure & Renewables advisory franchise and we continue to support our clients active in the space.

These transactions underpin out expertise in the renewables space, as well as our capabilities to execute complex transactions. Van Lanschot Kempen has successfully completed a large number of transactions in its Infrastructure & Renewables franchise. Recent transactions include:
  • Financial Adviser to Phoenix Tower International on the acquisition of NOVEC GmbH
  • Adviser to the Dutch State on the proposed €500m investment in the Dutch regional network company Stedin.
  • Adviser to TINC on the Joint Venture between its participation ‘GlasDraad’ and ‘Glaspoort’
  • Adviser to PowerField Netherlands B.V. in raising circa €500 million through debt and equity financing

Contact

Maarten de Zeeuw Van Lanschot Kempen

Maarten de Zeeuw

Managing Director
Infrastructure & Renewables

m.dezeeuw@vanlanschotkempen.com

Fully focused on your future

Private Banking
  • Offices
  • Entrepreneurs
  • Healthcare
  • Executives
  • Business professionals
  • Wealth management
  • Conditions
  • Private Banking - Belgium
  • Private Banking - Switzerland

Professional Solutions
Investment Management
Investment Banking

© Van Lanschot Kempen NV 2024About usSecurity and fraud awarenessPrivacy & cookiesDisclaimer