TINC and PMV invest in Storm Group (B)

TINC and PMV invest in Storm Group (B)

Antwerp, 30 October 2026, 7:00 pm CET

Sustainable energy company Storm welcomes TINC, the infrastructure investor listed on Euronext Brussels, and the Flemish investment company PMV as shareholders. Both parties invest together €20 million in Storm and join the board of directors of the company.

PMV and TINC have been partners of Storm since 2011 and have together invested in Belgian wind farms owning a total of 63 wind turbines with a capacity of 206.4 MW and a realization cost of circa €390 million.

Also, in the spring of 2026, PMV and TINC invested in two large-scale battery storage systems developed by Storm and located in Ruien and Langerlo. These two battery storage systems have together a capacity of 300 MW and a storage capacity of 1,200 MWh, representing a realization cost of €330 million.

Over the years, Storm became an established name in the field of the energy transition in Belgium. It owns a significant development pipeline in onshore wind (624 MW), large-scale battery storage systems and fast EV charging points in Belgium. As a developer, Storm is also active in Ireland since several years.

Storm aims to grow into a broad sustainable energy platform, building on the foundation of its historical core activities such as onshore wind and battery storage. The ambition of Storm is to anchor sustainable energy in Belgium together with its current and future financial and industrial partners.

This is for TINC an investment commitment of € 10 million that will be funded under its available € 300 million revolving credit facility.

About TINC

TINC is a listed investment company that seeks to create sustainable value by investing in the infrastructure for the world of tomorrow. TINC participates in companies that are active in the realization and operation of infrastructure and holds a diversified portfolio of participations in focus areas such as public infrastructure, energy infrastructure, digital infrastructure and social infrastructure estate in Belgium, France, Ireland and the Netherlands.

For more information, please visit www.tincinvest.com.

Contact

Manu Vandenbulcke, CEO TINC
T +32 3 290 21 73 - manu.vandenbulcke@tincinvest.com

Filip Audenaert, CFO TINC
T +32 3 290 21 73 - filip.audenaert@tincinvest.com

About PMV

The Flemish investment company PMV shapes the future of the Flemish economy. PMV finances promising companies from the very start through to growth and internationalisation. It offers tailor-made financial solutions to all entrepreneurs with a sound business plan and a strong management team, through capital, loans and guarantees. Together with and on behalf of the government and other partners, PMV also carries out projects that matter for prosperity and well-being in Flanders. PMV has a portfolio of €4.77 billion under management and advice. It also offers standardised financing instruments on the market, which include a support component.

Contact

Frank Kindt, spokesperson PMV
T +32 472 42 07 90 – frank.kindt@pmv.eu

TINC NV - Karel Oomsstraat 37, 2018 Antwerp, Belgium - T +32 3 290 21 73 - www.tincinvest.com