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Energiefonds Overijssel finances large solar park near Almelo

1 June 2023

June 1, 2023

Energiefonds Overijssel, one of the funds under the management of StartGreen Capital, (co-)financiers the construction of a large solar park near Almelo with a loan of twenty million euros. The power sustainably generated by the park will be purchased over the next 10 years by Allego. This Dutch charging station operator will use the green electricity to charge its customers’ cars, thereby actively contributing to the reduction of CO2 emissions in traffic.

70,000 solar panels

Klimaatfonds Nederland is building, managing, and (co-)financing Solar Park Aadijk II in Almelo. In an area of 62 hectares, 47 hectares will be covered with solar panels: approximately 70,000 units. Around the solar park, another 13 hectares of nature strips will be created. Solar Park Aadijk II will generate approximately 43,000 Megawatt hours of sustainable electricity every year.

Guaranteed purchase

The unique aspect of this project is that all sustainable electricity for the next 10 years will be purchased at a fixed price by Allego. This is arranged in a so-called CPPA (Corporate Power Purchase Agreement). With this purchase contract, Allego secures green electricity from Solar Park Aadijk II. As soon as the park starts delivering power, Allego can fully charge approximately 2,000 electric cars every day with green electricity via its charging stations.

Nienke Rijpstra, Investment Director Energiefonds Overijssel:

‘Solar Park Aadijk II makes a wonderful contribution to the province of Overijssel’s goal of being completely energy neutral by 2050. Furthermore, we find Allego to be a great match: a growing Dutch company that provides power for e-mobility. That fits well with StartGreen’s focus on the energy transition.’

About Energiefonds Overijssel

Energiefonds Overijssel is the first and largest regional energy fund in the Netherlands, founded in 2012 by the province of Overijssel. The fund contributes to the acceleration of the energy transition by financing projects in the field of renewable energy and the circular economy within the province. Read more about Energiefonds Overijssel

About Klimaatfonds Nederland

Klimaatfonds Nederland is a Dutch investment fund established with the aim of increasing the realization rate of Dutch sustainable energy projects, thereby combating climate change and making affordable and clean energy available to everyone. Read more about Klimaatfonds Nederland

About Allego

Allego has been providing charging solutions for all types and models of electric vehicles since 2013. In Europe, Allego has built an extensive charging network with more than 34,000 charging points. Read more about Allego

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