TINC, listed on Euronext Brussels, has committed €23 million to two greenfield battery energy storage system (BESS) projects in Belgium. The facilities, located in Ruien and Langerlo, form part of a larger €330 million investment aimed at strengthening the flexibility and reliability of the country’s electricity network.
Expanding Flexible Power Capacity
The two battery systems will together deliver a combined capacity of 300 MW and a total storage capacity of 1,200 MWh. Once operational from the end of 2027, these projects are expected to play a key role in integrating renewable energy into Belgium’s power system, enabling better management of intermittent generation sources such as wind and solar.
Both projects are being developed, constructed, and operated by Storm, a key player in the region’s renewable energy sector.
CEO Highlights Long-Term Vision
“This investment fits perfectly within our strategy to shape the infrastructure of tomorrow. By investing in flexible energy infrastructure, not only do we bolster the resilience of the electricity system, but we also further grow a diversified portfolio creating long-term value. This investment highlights our ambition to grow towards a € 1 billion portfolio, backed by sustainable and future-oriented infrastructure in Belgium and adjacent countries,” said Manu Vandenbulcke, CEO TINC.
Financing and Investment Structure
The total project investment stands at €330 million, backed by a consortium of Belgian and international lenders, including KBC, Belfius, ING, Rabobank, Triodos, Santander, and Société Générale. Equity contributions are being made by TINC, alongside PMV and I4B.
TINC’s €23 million commitment will be financed through its €200 million revolving credit facility, with funding expected during 2026. At the time of the transaction, the company reported net debt of €73 million, including €4.9 million proceeds from the recent sale of its participation in Zelfstroom.
Building on Previous Energy Storage Investments
This is TINC’s second big investment in large-scale battery storage, after putting €61 million into Project Mufasa in February 2025. The project at North Sea Port Vlissingen is one of the biggest battery storage systems in the European Union.
With this latest move, TINC continues to expand its portfolio in sustainable infrastructure, supporting the transition toward a more resilient and renewable energy system in Belgium and across Europe.
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