TINC, the infrastructure investor listed on Euronext Brussels, announces a € 61 million investment in Project Mufasa, one of the largest battery energy storage systems (BESS) in the EU. The project is realised in the North Sea Port Vlissingen, a key hub for renewable energy in the Netherlands. Replacing a former coal-fired power plant at the grid connection to the high voltage substation of TenneT, this landmark initiative represents a major step forward in supporting the transition to renewable power in the Netherlands by strengthening its critical energy infrastructure.
“We are delighted to be working with Lion Storage and our investment partners Macquarie and existing Return investors on this milestone infrastructure for the Dutch energy transition. This investment aligns perfectly with the ambition of TINC to contribute to the infrastructure for the world of tomorrow whilst creating value for our shareholders. TINC will fund this landmark investment under its € 200 million revolving credit facility” – Stéphanie Dobbelaere, Executive Director TINC.
| Name | Date | Download |
| Annexe |