We are delighted to announce that BlackRock recently invested in the European activities of Windvision. The investment was made by BlackRock as part of the deployment of its Global Renewable Power III fund (“GRP III,”), and will help support Windvision’s portfolio of development, construction and operational assets that will be built-out across Belgium, France and Spain.
GRP III is the third vintage of BlackRock’s global renewable power fund series. The Fund seeks to invest across the spectrum of climate infrastructure assets, with a focus on renewable power generation, and energy storage and distribution. In December 2019, BlackRock announced it had achieved a $1 billion record first close for GRPIII.
The investment by Blackrock’s GRP III fund is the first in Belgium, and offers the opportunity to accelerate Windvision’s growth to make it a leading platform in its target markets across continental Europe.
If you want more details, do not hesitate to contact us to receive the official press release.