TINC and PMV Fund Renewable Energy Growth Plans at Storm

TINC and PMV, two major investors, are allocating a €60 million fund to Storm, a Belgian renewable energy company, to support its development ambitions. This joint funding aims to accelerate the transition to renewable energy in Belgium. Storm has been active in the energy sector since its first wind farm in Wachtebeke in 2012, now operating 56 wind turbines. These installations provide renewable energy to around 140,000 households annually. The company is also involved in building battery storage capacities and deploying fast electric vehicle charging stations in collaboration with Q8.

In addition to constructing and operating renewable infrastructures, TINC and PMV, through this investment, are actively contributing to the energy and ecological transition. The partnership with Q8 for charging stations demonstrates Storm's commitment to developing comprehensive sustainable energy solutions.

Storm's initiatives, supported by this investment injection planned for 2024, represent a significant advancement in the commitment of both the public and private sectors towards a sustainable energy future in Belgium. For more information, contacts at TINC and PMV remain available for any further inquiries.