Yeager Energy acquires Wayland Energy

Transaction summary

LEIDEN, April 1, 2025 – Dutch geothermal energy company Yeager Energy (“Yeager”) is pleased to announce its second acquisition this year concerning geothermal energy company Wayland Energy (“Wayland”) in the Netherlands. This acquisition follows on Yeager’s earlier acquisition of a majority interest in geothermal energy company Aardwarmte Vogelaer (“Vogelaer”) in February this year. These acquisitions are part of Yeager’s strategy to build a portfolio company in the geothermal energy and infrastructure business in the Netherlands.

The acquisition of Wayland Energy and Aardwarmte Vogelaer earlier this year significantly increased Yeager’s operational asset base with two producing assets and established a strong foundation for further growth, with up to 10 development projects, in addition to the four licenses Yeager already holds in the Netherlands.

Press release: Yeager Energy

Emendo Capital acted as financial adviser to Yeager Energy.

About Yeager Energy

Yeager is a Dutch company based in Leiden, founded in 2018 and active in the geothermal sector. The two founders have extensive experience in the responsible realization and management of large, complex and capital-intensive projects in the energy sector, with safety, integrity and environmental management as a top priority.

For additional information on Yeager Energy, visit https://www.yeager-energy.com/

About Wayland Energy

Wayland Energy is a Dutch company based in Bergschenhoek, founded in 2016 and active in the geothermal sector. Since 2017, Wayland owns one operational well, supplying heat to greenhouse and glasshouse owners. Additionally, Wayland has two projects in advanced development and four projects in the pipeline for which it already holds licenses.

For additional information on Wayland Energy, visit https://waylandenergy.nl/