Meridiam invested and acquired majority stake in Oxand

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

Meridiam, through its Green Impact Growth Fund (GIGF), has acquired a majority stake in Oxand, a European software provider for optimized maintenance and energy renovation planning within buildings and infrastructure.

Using its extensive proprietary database, Oxand conducts precise simulations of component aging, energy performance, and maintenance under constraints like degradation, costs, energy use, and decarbonization. This approach provides significant benefits, including 10–20% maintenance budget savings and up to 60% energy consumption reductions through structural renovations. Oxand supports over 100 international clients and manages more than 52 million sqm of assets in France, the Netherlands, and Switzerland. 

With the support of its management team, Meridiam aims to position Oxand as a leading European provider of sustainable asset lifecycle management. Meridiam’s investment will strengthen Oxand’s presence in France across public and private sectors, accelerate its international expansion, and enhance its software offerings with advanced features like decarbonization and circularity. The partnership will also drive continued innovation, particularly in advanced analytics and predictive maintenance technologies, enabling Oxand to deliver high-value solutions to its clients.

List of the country updates

Country updates

  • December 24, 2024

    TotalEnergies, European Energy and SONFOR closes deal on two Danish offshore wind projects

    TotalEnergies has acquired 85% of the share capital in the 240 MW Jammerland Bay offshore wind project and 72.2% of the share capital in the 165 MW Lillebælt South coastal wind project. Europea...

    Read more
  • October 30, 2024

    Contract awarded for installation works for 800 MW offshore wind farm in Netherlands

    DEME has won a substantial contract to carry out the transport and installation works for the inter-array cables and secondary steel for the 800 MW OranjeWind offshore wind farm in the Netherland...

    Read more
  • July 10, 2024

    SemperPower to build 320 MW/640 MWh battery storage plant in the Netherlands

    Corre Energy has established a joint venture (JV) with SemperPower to develop a two-hour 320 MW battery storage system (BESS) project in Zuidwending, in the province of Groningen, the Nether...

    Read more
  • June 28, 2024

    Lion Storage secures permit for 1.5 GWh battery project in Netherlands

    Dutch developer Lion Storage has secured an irrevocable building permit for its 364 MW/1457 MWh battery energy storage (BESS) project located in the Vlissingen port, in the southwestern Netherlands.

    Read more
  • March 20, 2024

    Turbine installation completed for 335 MW Onshore wind farm in Netherlands 

    The 24th and final nearshore turbine has been installed for the Windplanblauw wind farm located in the northwest corner of the province of Flevoland in the Netherlands.

    Read more

Share this update