Dutch geothermal company changes hands

Last week, in the Netherlands, Jos Scheffers signed a sale purchase agreement on behalf of Green Well Westland (GWW). Danny van den Berg represented Aardwarmte Vogelaer, who bought GWW. This means GWW shareholders and customers' supply of geothermal heat for their horticultural businesses will soon be guaranteed. This acquisition gives Aardwarmte Vogelaer enough geothermal heat to develop a second geothermal heat plant.

Green Well Westland development
The Green Well Westland geothermal project is the first of its kind in the Westland region and one of the first in the Netherlands. As pioneers in geothermal heat, the entrepreneurs behind GWW put much energy into developing geothermal heat for greenhouse horticulture over the last 15 years. They passionately and proudly put geothermal energy on the map and shared their knowledge and experience with new initiators, authorities, suppliers, and many other interested parties.

Unfortunately, the project faced regular setbacks over the years. The production well is out of order, so no geothermal heat has been extracted for over a year now. It is not entirely clear what will become of the GWW wells. Perhaps some will be brought back into operation. Earlier this year, it was announced that GWW had received a longer production permit but not area expansion.

Take over to continue
For Aardwarmte Vogelaer, taking over GWW is particularly attractive. They can now supply geothermal heat to the horticultural companies currently connected to GWW. The existing installation already provides heat for 19 companies and will deliver it to 400+ homes in a yet-to-be-built residential area in Monster. A new geothermal plant in Poeldijk will supply heat to a further 16 horticultural businesses.

A single heat network
Linking the Aardwarmte Vogelaer and GWW heat networks offers new possibilities for connection to the Westland Integral Heat System. That will allow for mutual heat exchange over a much larger area. In the future, residual heat could also be supplied from the port of Rotterdam to the heat network in Poeldijk.

AAB NL, Yeald, Ruitenburg, EBH Legal, the Cees Advocaten law firm, and conveyancer, KRAGD Notarissen supported Aardwarmte Vogelaer and Green Well Westland in arranging this deal.

Source: Aardwarmte Vogelaer 

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