Add-on Acquisition • Renewable Energy

Yeager Energy Acquires Warmtebedrijf Westlan

On June 28, 2021, Yeager Energy acquired renewable energy company Warmtebedrijf Westlan

Acquisition Context

This is Yeager Energy’s 1st transaction in the Renewable Energy sector.
This is Yeager Energy’s 1st transaction in the Netherlands.

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M&A Deal Summary
Date	June 28, 2021
Target	Warmtebedrijf Westlan
Sector	Renewable Energy
Buyer(s)	Yeager Energy
Deal Type	Add-on Acquisition

Target Company

Warmtebedrijf Westlan

Maasdijk, Netherlands

Warmtebedrijf Westlan delivers a bundle of products and services for the greenhouse horticulture sector including sustainable heat such as geothermal heat, CO2 gas as a feedstock for the greenhouses, irrigation water, and glass fiber data links. Warmtebedrijf Westlan is based in Maasdijk, Netherlands.

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Buyer Overview 1

Buyer

Yeager Energy

Leiden, Netherlands

Category	Company
Founded	2018
Sector	Renewable Energy

DESCRIPTION

Yeager Energy is focused on developing and operating conventional geothermal producer-injector doublet systems and district heating networks for application in residential, industrial, and greenhouse horticulture sectors. Yeager Energy was founded in 2018 and is based in Leiden, Netherlands.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Renewable Energy	1 of 1
Type: Add-on Acquisition	1 of 1
Country: Netherlands	1 of 1
Year: 2021	1 of 1

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