TINC, the infrastructure investor listed on Euronext Brussels, invests € 23 million in two greenfield large-scale battery energy storage systems located in Ruien (Kluisbergen) and Langerlo (Genk). These battery systems, represent a total investment value of € 330 million and will contribute significantly to the flexibility and reliability of the Belgian electricity system.
“This investment fits perfectly within our strategy to shape the infrastructure of tomorrow. By investing in flexible energy infrastructure, not only do we bolster the resilience of the electricity system, but we also further grow a diversified portfolio creating long-term value. This investment highlights our ambition to grow towards a € 1 billion portfolio, backed by sustainable and future-oriented infrastructure in Belgium and adjacent countries.” – Manu Vandenbulcke, CEO TINC
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