Dorothea aims to develop a pipeline of large-scale sustainable heating networks in the Netherlands
by Zainab Mansoor
December 15, 2020
Abu Dhabi-based Mubadala, will be buying a stake in Asper Investment Management’s (Asper) investment vehicle, it confirmed on December 15.
Dorothea investment vehicle (Dorothea) aims to deploy over Dhs2.1bn (€500m) to build a network of district heating services across the Netherlands. Dorothea’s newly installed heating capacity is expected to provide over 2 million Gigajoule
(GJ) of sustainable heat by using clean-energy sources including a combination of geothermal, residual heat and sustainable biomass.
This complements the Netherlands’ efforts to increase renewable energy sources penetration from the current 7 per cent to 100 per cent by 2050. Over the next 30 years, 7 million households in the country will switch to CO2 free heating solutions to meet these goals.