Whitehelm Capital, Gronigen Seaports and Royal Vopak to invest in 27 MW solar park in the Netherlands
Whitehelm Capital, Groningen Seaports and Royal Vopak announce their intention to jointly invest in a 27 MW solar park. The solar photovoltaic field will be one of the largest currently in the Netherlands.
The new solar park will be situated on 19 ha of land adjacent to Vopak Terminal Eemshaven, land which is currently already leased by the terminal. The produced green electricity will be made available for local use in Groningen, Vopak terminals and the general electricity market.
Based on the available energy infrastructure, Groningen and especially Eemshaven are considered strategic locations for production and storage of renewable energy in the Netherlands. This project will give Whitehelm, Groningen Seaports and Vopak the opportunity to explore further new energy initiatives in Eemshaven.
The final investment decision after receipt of relevant permits and subsidies is envisaged for the autumn of 2019. The Vopak solar park is expected to be operational in 2020.
Vopak Terminal Eemshaven is a joint venture between funds managed by Whitehelm Capital and Royal Vopak.
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