Colruyt Group and Korys combine their renewable energy holdings into a new company
Colruyt Group and Korys (the family majority shareholder) have decided to combine their renewable energy holdings into a new company. In this way, the parties want to enhance technological knowledge exchange and create economies of scale. The creation of the new company and the transfer of the offshore and onshore activities of Parkwind and Eurowatt are planned for the second half of 2019/20. Colruyt Group has the intention to transfer certain assets related to Eoly's renewable wind energy activities to this energy holding in the financial year 2020/21.