sur TINC (EBR:TINC)
TINC and PMV Invest €20 Million in Storm Group
On October 30, 2026, sustainable energy company Storm announced that it welcomes TINC, a listed infrastructure investor, and the Flemish investment company PMV as new shareholders. Together, TINC and PMV invested €20 million in Storm and have joined its board of directors.
PMV and TINC have been associated with Storm since 2011, investing in Belgian wind farms with 63 turbines and a capacity of 206.4 MW, amounting to €390 million. Earlier in 2026, they also invested in two large-scale battery storage systems in Ruien and Langerlo, boasting a combined capacity of 300 MW and 1,200 MWh storage, costing €330 million.
Storm, active in Ireland as well, aims to establish itself as a leading sustainable energy platform in Belgium by expanding its ventures in onshore wind, battery storage, and EV charging points. TINC's commitment of €10 million will be funded through its €300 million revolving credit facility.
R. P.
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