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Solar PV portfolio : M&A advisory

2026

Joulz, a portfolio company of 3i Infrastructure, has acquired Sun4Business. Sun4Business is one of the few Belgian players exclusively focused on the commercial and industrial (C&I) solar segment, with a portfolio comprising 112 MWp of operational, ready-to-build and under-construction installations, including rooftop, carport and ground-mounted systems across Belgium.

Joulz is a Dutch energy infrastructure company specializing in the design, installation, financing, operation and maintenance of essential behind-the-meter energy systems for C&I clients.

Natixis Partners acted as sole sell-side advisor to Engie and Alfin, shareholders of the Sun4Business joint venture, on the sale of a 100% stake in the company.