Vopak to acquire majority stake in Dutch battery storage developer GES
Type: Acquisition · Technology: Storage · Country: Netherlands · Announced: 2026-05-07
Royal Vopak agreed to acquire a majority stake in GES, a Dutch battery storage developer, expanding Vopak's energy transition portfolio. The transaction marks Vopak's strategic push into battery storage infrastructure to support renewable energy integration and grid stability. GES specializes in developing grid-scale battery energy storage systems (BESS) projects across the Netherlands and broader Europe. Financial terms of the deal were not disclosed, but the acquisition is expected to accelerate Vopak's role in the continent's growing energy storage market. The partnership aligns with Vopak's broader decarbonization strategy, following its recent investments in hydrogen and renewable energy infrastructure.
Counterparties
- Royal Vopak (Buyer)
- GES (Seller)