Rabobank and KKR Infra in a consortium for the acquisition of energy company Eneco

Rabobank and KKR Infra in a consortium for the acquisition of energy company Eneco

(PRESS RELEASE) UTRECHT, 19-Jul-2019 — /EuropaWire/ — Rabobank has always been interested in projects that contribute to the acceleration of the energy transition in the Netherlands. Such a project is the sale of the energy company Eneco (Eneco Holding N.V.). For the purpose the cooperative bank has joined forces with KKR Infra into a consortium related to the sale of the energy firm.

Eneco’s strong green profile is a perfect fit for Rabobank’s ambition to serve as the primary banker of the energy transition. As expected, Eneco’s transaction is supposed to accelerate the energy transition in the Netherlands.

The Rabobank  / KKR Infra consortium is seen as a natural partner for Eneco, particularly given its local presence and networks as well as the direct contact with a large number of business and private customers. This represents a strong foundation to step on and offer joint and new customers existing and new products and services together with Eneco. As a result, both organizations will be in position to help their customers even more effectively, particularly in the field of sustainability where customers can make their homes more energy friendly. Furthermore, achieving the ambitious climate goals can in this way be done at an accelerated pace.

The consortium between Rabobank and KKR Infra plans to invest in a long-term partnership with Eneco supporting the energy company in its further development as an independent Dutch company that plays a leading role in the energy transition while making the Netherlands and Europe more sustainable.

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SOURCE: Rabobank