Wedoany.com Report-Apr 1, Dutch geothermal energy company Yeager Energy ("Yeager") is excited to share its latest move. The company has announced the acquisition of two energy firms in the Netherlands: Wayland Energy and Aardwarmte Vogelaer ("Vogelaer"). This marks the second major acquisition for Yeager this year, following its earlier purchase of a majority stake in Vogelaer in February. These acquisitions significantly enhance Yeager’s operational assets, adding two producing geothermal energy assets, and set the stage for further growth with up to 10 new development projects. Additionally, Yeager already operates four geothermal licenses in the Netherlands, further solidifying its position in the market.
Aerial view of Purmerend, Netherlands
The investments from Yeager’s sustainable infrastructure firm, Pioneer Point Partners LLP ("Pioneer"), earlier this year, highlight the company’s commitment to expanding its geothermal energy and infrastructure portfolio. This funding will support Yeager’s goal of developing a robust portfolio of geothermal projects, owned and operated, to meet the needs of greenhouse horticulture, residential, and industrial sectors. By providing reliable, cost-effective, and sustainable heat in a safe and responsible manner, Yeager aims to play a pivotal role in advancing the green energy transition.
With a focus on organic growth and strategic acquisitions, Yeager is poised to strengthen its presence in the Dutch geothermal energy market. The company continues to expand its footprint, ensuring its ability to deliver sustainable solutions to clients across various sectors.
