French Money Raised For Dutch Solar Projects

Netherlands’ Sunvest Secures €25 Million For 420 MW, 16 Project Solar PV Portfolio

French Money Raised For Dutch Solar Projects

Sunvest says the 16 natural solar parks portfolio for which it has secured financing from Sienna Private Credit, will be built and operated by the company, across the country. (Photo Credit: Sunvest BV)

  • Sunvest has secured an amount of €25 million for its solar projects portfolio of 420 MW combined capacity
  • It plans to build and operate the same over the coming years in the form of 16 projects
  • For these 16 projects, the company has received funding from the Dutch government under SDE support scheme

Dutch solar PV projects developer Sunvest BV has raised €25 million financing for a solar PV portfolio of 420 MW combined capacity in the Netherlands which will be established in the form of 16 projects across the country.

The company has already won government funding under the country’s Renewable Energy Support Scheme (SDE) for these 16 projects. The projects are all yet-to-be-built over the coming years, to be operated by the company.

It raised the finance from France’s Sienna Private Credit, previously known as Acofi Gestion, that’s an alternative investment hub for real assets and private equity through its investments in unlisted companies.

Calling itself a natural solar parks developer which enables it to develop PV projects with detailed attention for landscape and social integration, Sunvest says it has more than 1 GW PV capacity under development in Benelux, France and Germany.

In May 2020, it announced working with Triodos Renewables Europe Fund for 112 MW solar capacity in the Netherlands (see Plans For 112 MW Solar In Netherlands).

About The Author

Anu Bhambhani

SENIOR NEWS EDITOR Anu is our solar news whirlwind. At TaiyangNews, she covers everything that is of importance in the world of solar power. In the past 9 years that she has been associated with TaiyangNews, she has covered over thousands of stories, and analysis pieces on markets, technology, financials, and more on a daily basis. She also hosts TaiyangNews Conferences and Webinars. Prior to joining TaiyangNews, Anu reported on sustainability, management, and education for leading print dailies in India. [email protected]

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