Netherlands awarded €30 million for investments in four district heating projects

Date: 26 October 2020

EU support for Dutch district heating projects
The European Investment Bank (EIB) and Asper Investment Management Ltd. have signed an investment agreement worth €30 million for investments in four district heating projects in the Netherlands. This agreement will enable the EIB to consider additional investments into new district heating projects in the Netherlands up to €70 million.

The EIB financing supports an equity investment vehicle called “Dorothea” that will build a diversified portfolio of projects in various Dutch municipalities. Dorothea was set up by Asper Investment Management, a specialised investment firm, to acquire and build an exclusive portfolio of sustainable district heating projects in the Netherlands. The EIB is joined in Dorothea by four other leading institutional investors and will be a member of Dorothea’s Investor Committee.

For the full article, click here