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Sunvest Ontwikkeling raises financing for 16 solar projects in Netherlands

Sunvest Ontwikkeling has raised financing for a 420MW portfolio of 16 solar projects in the Netherlands.

Sunvest Ontwikkeling is a Dutch French developer. It is a joint venture between ProfiNRG and Green Tower. It is based across the Netherlands, Belgium and France

The company informed that it raised €25 million in subordinated debt for the project.

The portfolio includes a number of sites that are currently in development, construction and operation.

It has been reported that the “funding provides financial resources for Sunvest’s pipeline of projects, without diluting Sunvest’s share ownership in its plants, and adds high-quality renewable energy assets to Sienna Private Credit portfolio.”

To be noted, Sienna Private Credit is an AIFM portfolio management company, approved by the AMF since 1997, a local report mentioned. Since 2022, it has been an entity of Sienna Investment Managers group.


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