Together with Avaxa Debt Advisors, Stek advised Econic on their recent capital raise. Several (new) investors provided €40m of additional capital and Triodos, ASR, Meewind and Rabobank provided €85m divided over multiple, flexible project financings. At the start of this process, we learned that Econic aims ‘to accelerate the energy transition together’. Stek’s energy team shares the purpose of accelerating the energy transition and we are very happy that we were able to contribute to this goal with this transaction!

The Stek team consisted of Sharon Kaufmann, Katinka van den Brink and Kenneth Luijk for the project financings and Claudia Beele for the legal due diligence.