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Stek advises NWB Bank on acquisition of sustainable loan portfolio from ASN Energie & Innovatiefonds

Stek advised NWB Bank on the acquisition of a (part of a) sustainable loan portfolio from ASN Energie & Innovatiefonds (formerly known as ASN Groenprojectenfonds). The portfolio consisted of loans provided to 11 operational wind, solar and co-located BESS projects in the Netherlands with a total installed capacity of 290 MW.

Stek advises Geothermie Delft on project financing for geothermal project on TU Delft campus

Stek advised Geothermie Delft (GTD) on the project financing it obtained for a deep geothermal project located on the TU Delft campus as well as on the contracts for the project. The €50 million financing was provided by Rabobank and NWB Bank and will support the development of a geothermal…

Stek advises Novar on the project financing of solar park ‘Bellingwolde’

Stek advised Novar on the project financing it obtained from Rabobank for the 74 MWp solar park ‘Bellingwolde’ that Novar will develop together with the private ground owner. Construction will start end of March 2025. Specific attention has been paid in the design of the park to the environment…

Stek advises Carbon Collectors on the investment by PGGM

Stek advised Carbon Collectors on the acquisition by PGGM of a 49% stake in Carbon Collectors on behalf of Pensioenfonds Zorg & Welzijn (PFZW). Carbon Collectors is developing innovative technologies for CO2 collection, transport, and storage, enabling it to bring its solutions to the market in the near future. With…

Stek advises Avermieden on the development and realisation of a closed distribution system

Stek advised Avermieden on the review of legal aspects of the development and realisation of the Avermieden closed distribution system (CDS). The CDS will be developed by Novar and Emmett Green and provides a solution to connect new energy systems to the grid. Amongst other customers, Solarpark Eekerpolder, the largest…

Stek advises Rabobank on the project financing for the largest solar park in the Netherlands

Stek advised Rabobank on the project financing for a ~ 190MWp ground mounted PV solar park to be developed by Novar and Coöperatie Eekerpolder. The solar park will be the largest solar park in the Netherlands at this moment. It will not only produce energy, but will also offer space…

Stek successfully represented Budget Energie in dispute regarding the reduction of feed-in compensation

Stek successfully represented Budget Energie, part of Budget Thuis, in a key case against a consumer concerning the reduction of the feed-in compensation for electricity from 100% to 50% of the base supply rate per kWh. The case was brought by a consumer who argued that the reduction was in…

Stek advises ASN on the project financing for a 31.6 MW battery for FlevoBESS

Stek advised ASN on the project financing for a 31.6 MW battery with a 4 hour storage capacity (126 MWh) for FlevoBESS. The battery is part of a larger energy storage project realised in cooperation with GreenPowerBank Dronten B.V. and Pure Energie Groen B.V. The battery to be built with…

Stek successful for Dutch heat supply sector in litigation on admissibility

Stek has successfully represented the industry association of heat companies in the Netherlands, Vereniging Energie-Nederland (“VEN”), in a case on the admissibility of individuals in administrative proceedings against the maximum heat supply tariffs set by the Dutch energy regulator, the Authority for Consumers and Markets (“ACM”).The case revolved around an…