Team Private Equity
GIGA Storage develops, operates and manages large-scale battery energy storage systems for energy companies and grid operators. Its batteries store electricity when it is readily available and make it available when needed, helping customers balance supply and demand and use the electricity grid more efficiently.
Rabo Investments supported GIGA Storage’s growth plans, project pipeline and organizational development. This helped the company expand its large scale storage activities and strengthen the infrastructure needed to integrate more renewable electricity into the energy system.
"It has been an exciting journey together, from the acquisition of the Aldel site and the rapid growth of the organisation to the successful sale to infrastructure investor InfraVia. We are proud to have supported not only the founding team, but also the early development of the battery energy storage sector in the Netherlands and Belgium, a critical enabler of the renewable energy transition in our region. This investment also demonstrated the strength of long-term partnerships and how different parts of Rabobank can work alongside a company through each stage of its growth journey."
