Wavin

Garderen, Netherlands
Invested through
  • Triodos Energy Transition Europe Fund
  • Triodos Multi Impact Fund
  • Triodos Impact Strategy Fund - Defensive
  • Triodos Impact Strategy Fund - Balanced
  • Triodos Impact Strategy Fund - Offensive
  • Triodos Impact Strategy Fund - Dynamic
Asset ClassesPrivate equity & Private debt
Impact strategyEnergy and Climate
Aligned with SDGs

Triodos Energy Transition Europe Fund expands its cooperation with SolarAccess, a Dutch-based international developer and operator of solar power projects. The fund provides a shareholder loan and takes a large minority equity stake in SolarAccess Investment Fund I BV. This SPV is set up to finance rooftop solar assets for building and infrastructure company Wavin.

The capital will be used to fund the development of the assets and contribute to Wavin’s ambition to reach net zero carbon emissions by 2050. The generated renewable electricity will be used on site by the different Wavin entities, based on a Power Purchase Agreement with a fixed power price of 20 years.