TINC invests in 2 battery energy storage systems developed by BSTOR, and strengthens its role in the Belgian energy transition

CFE welcomes the €22 million investment of TINC and Infravest in the DSTOR and Estor-Lux II battery storage projects developed by BSTOR, with each partner contributing €11 million. The transaction demonstrates BSTOR's ability to attract leading long-term infrastructure investors and marks an important milestone in the further deployment of large-scale battery energy storage infrastructure in Belgium.

CFE and Ackermans & van Haaren each hold 50% of shares in GreenStor which holds 38% of shares in BSTOR.

More info in the press release:

For further information, please contact: Cédric Legros, Managing Director BStor : +32 496 94 97 75, cedric.legros@bstor.be