Scroll Top

CEE Group solar park portfolio grows to 118 MWp in the Netherlands

Ham­burg-based CEE Group, asset man­ag­er for renew­able ener­gy, has acquired a ground-mount­ed solar park in Roosendaal, the Nether­lands, from Dan­ish project devel­op­er Obton. The solar park has an out­put of around 35 megawatt-peak (MWp). This means that the CEE Group now has solar ener­gy plants with a total capac­i­ty of 118 MWp in the Nether­lands alone. The com­plete CEE port­fo­lio com­pris­es a total of 42 onshore wind tur­bines and 34 pho­to­volta­ic plants with an installed capac­i­ty of 595.2 MW in the wind sec­tor and 551.7 MWp in the solar sec­tor, respec­tive­ly.

The ground-mount­ed solar park in Roosendaal, the Nether­lands, has a peak out­put of around 35 MWp and will thus pro­duce around 32,000 megawatt hours of renew­able ener­gy per year in the future. The plant is equipped with solar mod­ules from the man­u­fac­tur­er Cana­di­an Solar. Con­trary to the usu­al south ori­en­ta­tion, the mod­ules are arranged in an east-west ori­en­ta­tion, which has enabled a more com­pact design of the plant. The invert­ers are from the Chi­nese man­u­fac­tur­er Huawei. The pur­chase agree­ment with the project devel­op­er Obton was already con­clud­ed in Decem­ber 2020. Both par­ties have agreed not to dis­close the pur­chase price. The plant is sched­uled to be com­mis­sioned in August 2021. The clos­ing of the trans­ac­tion, the full han­dover to CEE Group, took place in Sep­tem­ber 2021.

Roosendaal is a munic­i­pal­i­ty in the Dutch province of Noord-Bra­bant. There, the solar park fits well into the sur­round­ing land­scape, which is already the site of sev­er­al wind tur­bines. From an eco­log­i­cal point of view, it should also be empha­sized that exten­sive land­scape com­pen­sa­tion mea­sures have been imple­ment­ed. In addi­tion, part of the area on which the pho­to­volta­ic plant is locat­ed is used as a water reser­voir for ground­wa­ter man­age­ment.

Investment security through stable framework conditions in the Netherlands

“The new­ly acquired plant in Roosendaal char­ac­ter­izes the CEE Group’s pur­chas­ing pro­file for new­ly emerg­ing or already com­plet­ed renew­able ener­gy plants. With around 35 MWp, the plant has a scale that makes it eco­nom­i­cal­ly inter­est­ing for investors. In addi­tion, the tech­no­log­i­cal stan­dard in the Nether­lands is com­pa­ra­ble to that which we find in Ger­many, for exam­ple,” explains Detlef Schreiber, CEO of the CEE Group.

Accord­ing to Euro­stat, the sta­tis­ti­cal office of the Euro­pean Union, the Nether­lands is one of the EU mem­ber states with the low­est share of renew­able ener­gies in gross final ener­gy con­sump­tion. How­ev­er, the basic con­di­tions for invest­ments in renew­able ener­gies in the Nether­lands are good. The SDE+ sup­port sys­tem for renew­ables pro­vides a fixed tar­iff for at least 15 years and cre­ates the nec­es­sary income secu­ri­ty. In addi­tion, if a plant falls short of its planned out­put, the tar­iff will con­tin­ue to be paid for the 16th year. The Nether­lands is thus one of the few coun­tries still oper­at­ing with such a state-guar­an­teed tar­iff sys­tem.

“The Dutch mar­ket is extreme­ly com­pet­i­tive due to its good reg­u­la­to­ry frame­work. For project devel­op­ers, investors and financ­ing banks, these are extreme­ly advan­ta­geous, as a cash flow is gen­er­at­ed on the part of the projects that is secured by gov­ern­ment reg­u­la­tions,” explains Schreiber. In most oth­er mar­kets, such sup­port sys­tems with pre­dictable rev­enues are often no longer to be found. There, oper­a­tors of renew­able ener­gy plants have to mar­ket the elec­tric­i­ty they pro­duce via so-called Pow­er Pur­chase Agree­ments (PPAs).

Spatial proximity is an important location factor

“Beyond the sta­ble reg­u­la­to­ry frame­work for renew­ables, spa­tial prox­im­i­ty is also a fac­tor for us that should not be under­es­ti­mat­ed when select­ing new projects. The Nether­lands is with­in easy reach for us as an investor and oper­a­tor, so our teams can make reg­u­lar ’site vis­its’ there,” says Schreiber.

“In Roosendaal, we worked with the inter­na­tion­al­ly active project devel­op­er and investor Obton for the first time. We would like to thank all those involved in this trans­ac­tion for their pro­fes­sion­al and trust­ing coop­er­a­tion and look for­ward to fur­ther joint projects to pro­mote the expan­sion of renew­able ener­gies across coun­tries,” Schreiber express­es his thanks.

Anders Mar­cus, CEO at Obton: “The coop­er­a­tion and suc­cess­ful clos­ing of our first joint trans­ac­tion with CEE Group is also a recog­ni­tion of our spe­cial exper­tise in the devel­op­ment and real­iza­tion of inter­na­tion­al solar ener­gy projects. We look for­ward to fur­ther cross-bor­der projects with our new part­ner.”

Osborne Clarke and Ever­gy also par­tic­i­pat­ed in the trans­ac­tion as legal and tech­ni­cal advi­sors, respec­tive­ly.

About Obton

Obton is a renew­able ener­gy spe­cial­ist invest­ment and man­age­ment com­pa­ny based in Aarhus, Den­mark. Obton rep­re­sents retail investors and man­ages a rapid­ly grow­ing PV port­fo­lio of more than 1 GW worth EUR 1.6 bil­lion. Projects are main­ly locat­ed in France, Italy, Ger­many, the UK, Poland, Hun­gary, Cana­da, Bel­gium and the Nether­lands.

About CEE Group

CEE Group is a Ham­burg-head­quar­tered asset man­ag­er spe­cial­iz­ing in renew­able ener­gy. With assets under man­age­ment of around €1.9 bil­lion, the com­pa­ny invests in pow­er gen­er­a­tion projects in the wind and solar sec­tors. CEE Group holds onshore wind farms with an installed capac­i­ty of around 595,2 MW as well as pho­to­volta­ic plants with around 551.7 MWp. CEE port­fo­lio cur­rent­ly con­sists of a total of 42 onshore wind farms and 34 solar parks. Total elec­tric­i­ty gen­er­a­tion in 2020 amount­ed to around 1.4 bil­lion kilo­watt hours.

As an inter­na­tion­al­ly oper­at­ing com­pa­ny, CEE Group offers its cus­tomers sus­tain­able invest­ment con­cepts with long-term return oppor­tu­ni­ties in the growth mar­ket for renew­able ener­gies. With its inde­pen­dent­ly oper­at­ing enti­ties, the com­pa­ny has a com­pre­hen­sive range of ser­vices for projects in this seg­ment. Investors are in par­tic­u­lar insti­tu­tion­al investors with a long-term inter­est in renew­able ener­gies.


For questions and further information:

Jens Schnoor
Invest­ment Direc­tor und Head of Lux­em­bourg Branch, Port­fo­lio Man­age­ment, der CEE Kap­i­talver­wal­tungs­ge­sellschaft mbH Nieder­las­sung Lux­em­burg
Phone: +49 40 688788 0

Fran­jo Sal­ic

Invest­ment Direc­tor
Phone: +49 40 688 788–0

Daniel Rief
Invest­ment Man­ag­er
Phone: +49 40 688 788–0

pub­lic imag­ing GmbH
Karsten Sieg­mund / Jörg Brans
Phone: +40 40 401999 ‑35 / ‑31
E‑mail: /

Privacy Preferences
When you visit our website, it may store information through your browser from specific services, usually in form of cookies. Here you can change your privacy preferences. Please note that blocking some types of cookies may impact your experience on our website and the services we offer.