Transition Fund

Sustainable investing in North Holland

The Transition Fund was established in 2021 to support innovative companies that can accelerate the energy transition and the transition to a circular economy.

With what money
are we investing?

Since September 2023, PDENH is a closed-end fund that focuses on follow-on investments in existing portfolio companies.

Impact
and results

70

million euros invested

€70 million invested in sustainable innovation.

900

kiloton CO2 savings

More than 900 kilotons of CO2 savings achieved by portfolio companies (as of 2022)

566

new jobs created

566 new jobs created in North Holland

230

million euros co-investment

More than €230 million in co-investments attracted.

Transition Fund
game changers

Fund management

As of April 2, 2024, the Province of North Holland has transferred fund management to ROM InWest. For continuity in fund management, ROM InWest will continue to work closely with KplusV and StartGreen, the fund managers until 2024. For the existing portfolio companies, this means stability and consistency in investment policy and that they can continue to count on our support in their growth path.

Related
articles

28 January 2025

Project financing: big impact with 'patient' capital

Blog
Isabel van Nesselrooij, fund manager Transition Fund at ROM InWest, emphasizes the value of project financing. “Patient capital is crucial to get projects past...

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