Energy Solutions Group (ESG), the largest independent producer of green energy in the Benelux region, has closed a €125 million ($139 million) transaction with Infranity, who will become a new shareholder in the company.
Infranity, an infrastructure investment and asset management firm dedicated to investing in sustainable and resilient businesses, invested a total of €125 million ($139 million) in Energy Solutions Group’s shares, with €75 million ($84 million) invested through a capital increase and €50 million ($56 million) invested through a secondary transaction.
The capital injection will help ESG to continue building its balanced green energy portfolio of solar, wind, energy storage and EV charging activities. This funding round also strengthens the company’s position as a key player in the energy transition in Belgium and the Netherlands, aiming to achieve 1.6 gigawatts of operating capacity by 2027.
With a portfolio exceeding 1-gigawatt of co