WATT Infra has been acquired by OxGreenfield

WATT Infra, an independent connection provider headquartered in the Netherlands, has been acquired by OxGreenfield, a Netherlands-based private equity firm. By joining forces, WATT Infra will accelerate its growth in the energy transition market.

Founded in 2018, WATT Infra is an independent connection provider specializing in the engineering, procurement, construction and maintenance of underground and aboveground electrical and heating infrastructure for the distribution of renewable energy. Its activities include the realization of grid connections for wind and solar parks, grid capacity extensions for operators, private medium- and high-voltage grids, battery energy storage system (BESS) integration for stand-alone systems and renewable projects, heating networks and the creation of energy hubs in industrial areas. The company serves renowned clients in the sustainable energy industry, including Ecorus, Shell, Statkraft, Enercon and Eneco.

OxGreenfield is a private equity firm that invests in small and medium-sized enterprises (SMEs) headquartered in the Netherlands with an EBITDA of at least US$1.2 million (€1 million). The firm focuses on businesses where value can be created through organic growth and buy-and-build strategies.

Oaklins’ team in the Netherlands acted as the exclusive sell-side advisor to the shareholders of WATT Infra.