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ABN AMRO Sustainable Impact Fund

OG Clean Fuels: a provider of clean fuels

Sustainable Impact Fund

A pioneering investment into a provider of clean fuels.

Transaction highlights

  • December 2018, AA SIF became majority shareholder in OG Clean Fuels, alongside Meewind and Management, to support future growth of the Company
  • The Company aims to acquire additional filling stations, in the period 2020-2022, expanding its network in the Benelux, Germany, Nordics and the UK
  • Together with Meewind, AA SIF will support this buy-&-build strategy by providing a total of EUR 20 million funding
  • The company has a clean multi-fuel strategy which includes bio-CNG, EV charging, green hydrogen and HVO100
  • OG has the aim to become a leading player in Western Europe within the next 5 years

How we add value

  • Providing growth capital for (international) expansion through selective new investments as well as M&A
  • Further professionalization of the organisation and improvement of capital structure

Commentary

“With AA SIF we found a shareholder who has trust in our Company together with a long-term vision and gives us the resources to realise our ambitions” - Marcel Borger, Co-founder and CEO

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