11 05 2016

The Amsterdam Climate & Energy Fund invest in GrowX

The Amsterdam Climate & Energy Fund (AKEF) is investing in GrowX, which specializes in the building and exploitation of vertical farms.


The investment is made partly in an equity stake and partly as a loan. The first project, GrowX Amsterdam, will be a multilevel ‘farm’ for salads and herbs in a 1300 m² empty office building, which will provide 180 tons of salads and herbs annually. Stek advised the Amsterdam Climate & Energy Fund on the deal with a team led by Corporate partner Jasper Stek (picture) and Finance partner Frans Haak, assisted by associates Marjolein Paulus and Paulien Boiten. Involved fees earner: Jasper Stek - Stek; Paulien Boiten - Stek; Frans Haak - Stek; Marjolein Paulus - Stek;

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