The Participatiefonds Duurzame Economie Noord-Holland (PDENH) is an investment fund of the province of Noord-Holland. Since its establishment in 2014, the fund has invested more than €70 million in companies that contribute to the energy transition, circular economy and sustainable mobility. Since 2023, PDENH has been a closed-end fund and focuses on follow-up investments in existing portfolio companies, the management of outstanding loans and the successful phasing out of participations in sustainable growth companies.
How does a fund such as the Participation Fund for Sustainable Economy North Holland contribute?
(PDENH), which has been part of ROM InWest since 2024, contributes to the success of
innovative and socially oriented companies? Leendert van Waart and
Anthony Viellevoije has a clear answer: have the courage to start early
investing, persevering when things get tough and making tough choices at the same time
when needed. And finally, know when to pass the baton.
Since September 2023, PDENH is a closed-end fund that focuses on follow-on investments in existing portfolio companies.
Since April 2024, the fund management of PDENH has been transferred to ROM InWest. Previously, the fund was managed by KplusV and StartGreenTo ensure continuity, the existing fund management team will remain involved and the three parties will work together for the time being.
€70 million invested in sustainable innovation
More than 900 kilotons of CO2 savings achieved by portfolio companies (as of 2022)
566 new jobs created in North Holland
More than €230 million in co-investments attracted.
