Econcern sets up investment fund

Netherlands-based renewable energy project developer Econcern has set up a €425m investment fund to finance six to eight new projects.

Projects already being considered for the fund, called Ampere, include a Belgian and British off-shore wind park, a silicone factory in France and a biomass power plant in Groningen.
News of the fund was announced on Wednesday during the presentation of Econcern’s 2006 figures. The company booked a 500% rise in turnover to €240m and a 650% increase in profit to €43.5m. Econcern chairman Ad van Wijk said he wants to double turnover this year to €500m.

Thank you for donating to

We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

Make a donation