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PGGM invests €19 million in Sympower to accelerate European energy flexibility

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PGGM invests €19 million in Sympower to accelerate European energy flexibility

PGGM invests €19 million in Sympower to accelerate European energy flexibility

1 min

Sympower has raised €19 million from Dutch pension investor PGGM, acting on behalf of PFZW, bringing its Series B1 funding round to €42 million. The capital will accelerate the rollout of Sympower’s battery storage (BESS) optimisation solutions and support future mergers and acquisitions.

Why This Investment Matters

With 2.7 GW of flexible assets under management, Sympower is a leader in European energy flexibility. PGGM’s backing strengthens Sympower’s position in scaling battery storage across Europe, including recent projects in the Nordics and new rollouts in Greece.

Key Benefits for the Energy Transition

This partnership enhances Sympower’s ability to stabilise electricity grids, integrate renewables, and build resilient infrastructure.

Visit their website for the full announcement.

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Expon Capital

203 Rte d'Arlon

1150 Belair, Luxembourg

Newsletter

News and insights from the Luxembourg tech ecosystem.

© 2025 Expon Capital. Authorised and regulated by the CSSF. All rights reserved.