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Mergers & AcquisitionsMedium•7 May 2026•

1 min read

Royal Vopak Acquires Majority Stake in GES to Expand Dutch Battery Storage

Key Facts

1Royal Vopak reached an agreement in principle to acquire a majority stake in Dutch developer Green Energy Storage (GES).

2The acquisition includes supporting a landmark utility-scale battery storage project in Oosterhout with 200 MW / 800 MWh capacity.

Royal Vopak has reached an agreement in principle to acquire a majority stake in Dutch developer Green Energy Storage (GES), marking a significant move into the renewable energy sector. This strategic acquisition is designed to accelerate Vopak's entry into large-scale battery energy storage systems (BESS) within the Netherlands. A key component of the deal is the development of a landmark utility-scale battery project in Oosterhout, boasting a capacity of 200 MW / 800 MWh. By investing in this infrastructure, Vopak aims to address critical power grid congestion issues currently facing the Dutch energy market. The move aligns with the company's broader strategy to diversify its portfolio toward energy transition infrastructure. This development provides a clear project pipeline and strengthens Vopak's position in the high-growth green energy market.