Solarfields and Soleila join forces

Dutch solar energy market consolidation: Solarfields and Soleila join forces

Groningen-based renewable energy companies Solarfields and Soleila are joining forces. By combining knowledge and capabilities, the two companies will further strengthen their position to shape and accelerate the energy transition. The cooperation between both companies creates an alliance with 110 employees who contribute to the realization of the energy transition, every day.

Acquisition

Soleila has been acquired by Solarfields and will continue to operate under its own brand name for the coming years. Gerben Smit, CEO of Solarfields: “Solarfields has a market leading position in the ground-mounted solar PV sector in the Netherlands. In the past two years we have also developed our own rooftop portfolio. We notice an increased societal demand to utilize roof surfaces to support the energy transition in the Netherlands. Soleila has a strong track record in the rooftop segment. Furthermore, Soleila is a company driven by commitment and professionalism. This fits well with Solarfields’ company culture, providing a promising outlook for the alliance.”

Changing energy demand

The acquisition of Soleila further strengthens both companies’ capabilities to offer solutions that customers demand. Smit: “It is not only about generating renewable power, our customers also demand a holistic approach to the energy transition. By combining both companies’ expertise in energy efficiency, power generation, energy storage and offtake solutions, we are able to provide our current and future customers with comprehensive offerings.”

Sieger Dijkstra, CEO of Soleila, agrees. “We recognize that the development of ground-mounted solar PV projects in the Netherlands has become increasingly complex. It involves cooperation with local energy cooperatives, complex permitting processes, and several other challenges. Solarfields has a strong track record in managing and resolving these complexities. Through this cooperation, we will be able to benefit from their expertise. Additionally, Solarfields’ experience in constructing and operating ground-mounted projects will be highly valuable to us.”     

1 Gigawatt 

The rooftop portfolio of the two businesses consists of 150 projects in total, with a capacity of c. 200 MWp. The joint objective for the next years is to develop, construct and operate a portfolio of 1,000 MWp – the equivalent of the power supply to 350,000 households. In 2022 alone, the combined businesses will invest 120 million euros in Dutch rooftop projects. Joining forces will therefore make a strong contribution to the Dutch energy transition. We look forward to the future!

Advisors

Solarfields was advised on the acquisition by Voltiq (transaction), Eversheds Sutherland (legal) and PwC (tax).

About Soleila

Soleila started 3 years ago as a developer of ground-mounted and rooftop solar PV projects. In particular within the rooftop segment, the company has realized strong growth. 9 months after its inception, Soleila has reached a top-10 position for new solar project development in the Netherlands. Soleila is based in the Energy Academy Europe in Groningen, a shared office with the United Nations Global Center of Adaptation. Being a company with strong roots in Groningen, the company’s mission is to contribute to the development of alternative sources of energy, replacing the Groningen gas, as well as the realization of the Dutch Climate Agreement targets.

About Solarfields

At At Solarfields we believe that sustainable energy can improve the planet. More renewable energy, less carbon emissions and an attractive income for site owners and opportunities for local residents to participate. We feel the urgency to take large steps today to make the Netherlands more sustainable. That is why we develop, construct, and operate large scale energy solutions such as solar parks, solar carports, solar roofs, energy storage, smart grids and green hydrogen. 

Inquiries

Solarfields
David de Jong
Telephone: +31627971111

Soleila
Sieger Dijkstra 
Telephone: +31653226403