Headquartered in Leuven (Flanders), Parkwind is a subsidiary of Virya Energy, a holding company active in the development, financing, construction and operating of renewable energy sources. Virya Energy is 59.9% owned by the Colruyt Group, one of Flanders’ leading and largest retail corporations, while the rest is owned by Korys, the Colruyt family’s investment company.

Currently, Parkwind has stakes in 4 operational wind parks located off the coast of Flanders in the North Sea: Belwind, Northwind, Nobelwind and Northwester 2.

Following the acquisition deal and through the resulting synergies between the two companies, Parkwind will provide JERA with a strong platform to grow its renewables business globally, offshore wind energy in particular. Furthermore, Parkwind’s offshore wind energy business will be able to be introduced in a variety of international markets where JERA is already present or active in offshore wind development.

Committed to fully supporting Parkwind’s domestic and international expansion plans, JERA intends to continue investing in Flanders while expanding both the local team and Parkwind’s footprint globally from its existing offices in Leuven.