Royal Vopak has reached an agreement in principle with Green Energy Storage (GES) for the acquisition of a majority stake in GES. 

The transaction marks a strategic step to accelerate the development of large-scale battery energy storage systems (BESS) in the Netherlands, combining Vopak’s infrastructure expertise with GES’s leading position in battery storage development.

GES is a Dutch BESS developer based in Breda and has built a strong position in the Dutch energy market through the development of large-scale storage projects. 

The company manages the full project lifecycle, from site identification and permitting, construction and operational management, and plays an active role in addressing grid congestion and enabling flexibility in the energy system.

As part of the proposed transaction, Vopak will acquire a majority equity stake in GES and support the further development of GES’s project pipeline, including utility scale battery storage project in Oosterhout (200 MW / 800 MWh).