Lagerwey obtained growth capital from Ponooc
Lagerwey, the innovative Dutch developer and manufacturer of wind turbines has obtained growth capital from Ponooc, an investment fund of Pon Holdings. Wind energy fits the sustainable investment strategy of Ponooc very well. The investment enables Lagerwey to accelerate its growth plans.
PhiDelphi acted as advisor to Lagerwey. Huib Morelisse, CEO of Lagerwey: “PhiDelphi has very professionally supported us to obtain capital within a very limited timeframe. The PhiDelphi team has obtained credibility and our trust by carefully balancing the interests of the different parties involved and by offering effective solutions. It was a pleasure to work with such a professional team.”
Lagerwey (www.lagerwey.com) is a Dutch developer and manufacturer of wind turbines. Lagerwey has been focused on clean and reliable wind energy since 1979. The company has more than quadrupled its revenues in 2015 to EUR 43m. The capital injection enables Lagerwey to accelerate its plans for further growth, including the production of the first prototype of the newest 4.0 MW turbine and the development of the innovative Lagerwey Crane which eliminates the need for large cranes in the on-site construction of wind turbines.
Ponooc is an investment fund Pon Holdings, a Dutch conglomerate in the transportation sector. Ponooc is focused on investments in sustainable energy and mobility. Ponooc’s current portfolio includes companies that focus on battery storage, smart city solutions, geothermal energy, energy services and bike sharing concepts. Pon Holdings (www.pon.com) is a family owned international trading and service organization with a workforce of 13,000 people spread over 450 locations in 32 countries. Pon’s subsidiaries are active in passenger cars, commercial vehicles, bicycles, earth moving equipment, ships engines and electrical engineering.