Seventh photovoltaic project with BayWa r.e.
Exloo: DZ BANK finances one of the largest ground-mounted solar parks in the Netherlands
With the solar park Exloo, BayWa r.e. subsidiary GroenLeven B.V., the market leader in solar energy in the Netherlands, has planned and built another solar park. With around 62 MWp, this is one of the largest ground-mounted solar parks in the Netherlands. DZ BANK is the sole financier of the solar park.
The project contributes to the energy transition in the Netherlands towards a climate-friendly energy supply. Around 136,000 solar panels will generate green electricity for around 21,000 households and save approximately 34,000 tonnes of CO2 emissions.
Photo credit: GroenLeven B.V.
The Exloo solar park is another important milestone for BayWa r.e. and the energy transition in the Netherlands. As a long-standing financing partner, DZ BANK has provided us with trustworthy support in this regard.
DZ BANK finances another project for BayWa r.e.
BayWa r.e. is a leading developer, service provider, distributor and energy solutions provider in the renewable energy sector. DZ BANK is supporting BayWa r.e. and its Dutch subsidiary GroenLeven by financing the solar park. The Exloo solar park is the seventh project financed by DZ BANK.
The solar park was acquired by the Luxembourg special fund provider FP Lux Investments, which was advised by the investment advisor re:cap global investors ag. Investors in the special fund are predominantly German institutional investors such as insurance companies and pension funds.
"We are looking forward to financing further projects from the BayWa r.e. pipeline," says DZ BANK expert Uta Suffrian.
With BayWa r.e., we have realised various renewable energy projects in different European countries in recent years. The Exloo solar park was the largest solar project implemented with BayWa r.e. to date.
Financing partner for renewable energies
DZ BANK has been offering complete financing solutions for renewable energy projects with a focus on wind (onshore, offshore) and solar for over 20 years. The focus is on projects in Germany and Europe, with selective commitments in North America and Asia-Pacific.