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Sif

Theme

Energy

Date

13 February 2023

Investment

€ 64.8 million

Type of investment

Loan

Location

Maasvlakte

Invest-NL participates in an investment of € 328 million in Sif, a Dutch company specializing in offshore foundations, to strengthen Sif's position as a leading supplier of foundations for the energy transition. The investment is made to build the world's largest monopile foundation factory in Rotterdam.

The factory will be built on the 62-hectare Maasvlakte 2 site in Rotterdam, as an expansion of the existing Sif facilities. Construction is expected to commence in April 2023, with the first production activities scheduled for the second half of 2024.

Energy

Sif - Court financing in the offshore wind industry

The energy transition is a major challenge for our society. The national and European targets demand significant growth in energy derived from renewable sources. An increase in offshore wind energy is essential in this context. Fred van Beers (CEO of Sif), Jeroen Junge, and Remco Westerbeek (both investment managers at Invest-NL) discuss a collaboration in the offshore wind industry with a remarkable outcome: Invest-NL's first exit.

Questions about this investment? Jeroen is happy to help!

Jeroen Junge

sr. investment manager