Ploum advises Renewable Energy Factory B.V. and Triodos Energy Transition Europe Fund to finance three wind farms

Ploum has assisted Renewable Energy Factory B.V. (REF) and Triodos Energy Transition Europe Fund (formerly Triodos Renewables Europe Fund) (TETEF) in financing the development of three wind farms in the Netherlands. Ploum assisted both REF and TETEF with a separate team of specialists in these transactions.

“This is the first time that TETEF and Ploum have worked together. This project has laid a solid foundation for a further pleasant cooperation”- Stef Beusmans - Senior Investment Manager TETEF

“We previously worked very pleasantly with Ploum and during these transactions their advice was pragmatic and constructive throughout the entire process” - Bas de Bruin, CFO and a founding partner of REF

The team at Ploum on the side of TETEF was led by Lucas Lustermans (partner Banking & Finance) and further consisted of Joost Kool (lawyer Banking & Finance) and Arjen van de Belt (candidate civil-law notary Notary). The team at Ploum on the REF side consisted of Jeroen Terstegge (partner Corporate Law).

About REF

REF is an independent specialist in the development, realization and exploitation of renewable energy sources such as wind and solar. REF was founded in 2010. The founders have gained broad experience with sustainable energy projects since the late 1990s. Each coming from their own background, varying from the project development of on- and offshore wind projects to the financing, construction and operation of energy parks. More information about REF can be found here.

About TETEF

The fund aims to accelerate the energy transition by investing in companies that contribute to the reduction of CO2 emissions and make the energy system more suitable for the energy transition. The objective is to invest in companies that generate renewable energy, that improve energy efficiency and/or that offer energy flexibility. The fund will cooperate with developers, manufacturers, corporates and cooperative initiatives to accelerate the energy transition, by investing in projects and companies that are instrumental in such acceleration. More information about TETEF can be found here.

An interview on the collaboration between REF and TETEF and the transactions can be found here (in English).

More information about the Banking & Finance team and Ploum can be found here.