What Aardwarmte Vogelaer does

Aardwarmte Vogelaer BV is a Dutch geothermal energy developer and operator headquartered in Poeldijk, Westland municipality, that produces and distributes renewable heat from deep subsurface aquifers to greenhouse horticulture businesses and, more recently, residential customers. Its core technology is a geothermal doublet: paired production and injection wells drilled to roughly 2-3 km depth pump water at approximately 85 degrees Celsius and around 450,000 litres per hour, with heat exchangers transferring warmth to a privately owned 26 km heat pipeline (warmtenet). The company operates two doublet installations, Aardwarmte Vogelaer 1 (commissioned 2017) and Aardwarmte Vogelaer 2 (commissioned December 2025), together producing 44 MW and approximately 26 million m3 aardgas equivalent per year, with the second installation completed using sidetrack drilling after the original borehole collapsed. It also retains infrastructure from the 2022 acquisition of Green Well Westland, the first geothermal project in the Westland.

The business serves two segments under long-term, recurring heat-supply contracts: a primary B2B segment of 36 greenhouse horticulture enterprises in Poeldijk, Honselersdijk and Monster (founded as a cooperative by six of these growers, who remain joint shareholders), and a secondary residential segment of 424 new-build homes in the Westmade-Noord district of Monster, supplied through the energy centre at Opti-flor and the HVC district heating network. Pricing is not publicly disclosed and the contracts are private; the cooperative shareholder-customer structure ties customer retention directly to equity participation. With over 30 million m3 of annual natural gas substitution and approximately 70 kilotonnes of CO2 reduction per year, the asset is positioned as baseload renewable heat for the Dutch horticulture cluster.

Ownership shifted in February 2025 when Yeager Energy BV acquired a majority stake, backed by over EUR 100 million from Pioneer Point Partners LLP and existing shareholders; the six founding greenhouse shareholders retain joint minority ownership. Financings from Rabobank and Meewind support the capital base. Aardwarmte Vogelaer is a member of Coöperatie Aardwarmte Beheer Nederland (CABN) and Geothermie Nederland, and in July 2023 signed a heat transport agreement with Warmte netwerk Westland to interconnect its warmtenet with a regional 500 MW network by 2027, broadening the addressable market beyond direct off-takers.

Name

Aardwarmte Vogelaer

Legal name

Aardwarmte Vogelaer BV

Website

https://aardwarmtevogelaer.nl

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1–10 employees

Short description

Aardwarmte Vogelaer is a Dutch geothermal heat operator in Poeldijk that runs two deep-well doublet installations supplying baseload renewable heat to 36 greenhouse horticulture businesses and 424 Westland homes via HVC, majority-owned by Yeager Energy since 2025.

Ownership category

akta.pro rank

Product category

Geothermal Heat Supply

NAICS

Steam and Air-Conditioning Supply (221330)

SIC

Steam & Air-Conditioning Supply (4961)

akta.pro primary industry

Geothermal Direct Use Heat Projects (District Heating, Greenhouses, Aquaculture, Industrial Heat) (EUAMAEAG)

akta.pro secondary industries

Geothermal Power Generation Operations & Maintenance (Plant O&M, Performance Optimization) (EUAMAEAF), Geothermal Drilling & Well Construction (Production/Injection, Directional, Well Services) (EUAMAEAB)

Keywords

• Geothermal heat production
• Greenhouse horticulture heating
• District heating network
• Renewable heat supply
• Deep well drilling

Headquarters

HQ city

Poeldijk

HQ country

Netherlands

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Technology or R&D, Operations, Personnel

Revenue model

1. Geothermal heat supply to glastuinbouw businesses: Long-term heat delivery contracts with greenhouse horticulture enterprises in Poeldijk, Honselersdijk, and Monster. The company produces and distributes geothermal heat through its own heat network (warmtenet) to B2B customers.
2. Residential heat supply via HVC: Geothermal heat is sold to HVC (heat utility), which distributes it to residential customers in the Westmade-Noord new-build neighbourhood in Monster. Aardwarmte Vogelaer earns revenue from the heat supplied through the Opti-flor energy centre.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

Aardwarmte Vogelaer develops and operates geothermal doublet installations in the Westland region of the Netherlands, extracting hot water from approximately 2 km depth at ~85°C and distributing it through a private heat pipeline network. The company supplies renewable baseload heat to 36 Dutch greenhouse horticulture businesses and, via a partnership with HVC, to 424+ residential homes in the Westmade-Noord neighbourhood in Monster.

Product overview

Aardwarmte Vogelaer operates a geothermal heating infrastructure consisting of three main installations: Aardwarmte Vogelaer 1 (operational since 2017, serving horticulture), Aardwarmte Vogelaer 2 (commissioned December 2025, expanding capacity), and the acquired Green Well Westland project. The company extracts warm water from approximately 2 km depth at 85°C through production and injection well doublets, delivering heat via a 26 km pipeline network to 36 horticulture companies and 424+ residential homes. Plans include integration with the Warmte Netwerk Westland regional heating network by 2027 for enhanced supply security and heat trading.

Differentiator

Problem solved

Functional benefit

Brands

• Aardwarmte Vogelaer 1: The first geothermal doublet installation of Aardwarmte Vogelaer, operational since 2017, supplying heat to approximately 18-19 greenhouse horticulture companies in Honselersdijk, Poeldijk and Monster.
• Aardwarmte Vogelaer 2
• Green Well Westland

Products and services

• Aardwarmte Vogelaer 1 (1st Installation) The first geothermal doublet installation of Aardwarmte Vogelaer, operational since 2017, supplying baseload renewable heat to approximately 19 glasshouse horticulture enterprises across the Westland region.
• Aardwarmte Vogelaer 2 (2nd Installation) Second geothermal doublet installation commissioned in December 2025 at the Arckelweg site in Poeldijk, expanding total production capacity to 44 MW and serving an additional 16 horticulture businesses.
• Geothermal Heat Supply to Horticulture Companies Long-term contracted delivery of renewable baseload heat from Aardwarmte Vogelaer's geothermal doublets to 36 Dutch glasshouse horticulture enterprises in Poeldijk, Honselersdijk and Monster, replacing natural gas heating for approximately 100 hectares of greenhouse area.
• Residential District Heating (Westmade-Noord) Supply of geothermal heat for residential space heating and domestic hot water to 424 homes in the Westmade-Noord new-build district in Monster, delivered via the Opti-flor energy hub and HVC's district heating network.

Quantifiable outcome

• Annual natural gas savings of approximately 17.7 million m³ per year from Project 1 alone, rising to over 30 million m³ per year combined with Project 2
• +4 more outcomes

Named customers7 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and supporting.

• Yeager Energy BVcoreStrategic or Co-development Partner · 1 February 2025Yeager Energy BV, a Dutch geothermal company founded in Leiden in 2018, acquired a majority stake in Aardwarmte Vogelaer BV in early 2025. The partnership enabled the successful completion of the second geothermal project (Aardwarmte Vogelaer 2) after drilling setbacks. The original six founding shareholders of Aardwarmte Vogelaer remain as joint shareholders. Yeager Energy's investment was backed by Pioneer Point Partners (over EUR 100 million).
• Warmte netwerk Westland (WnW)coreChannel Partner/ Reseller/ Distributor · 4 July 2023Warmte netwerk Westland (WnW) signed a heat transport agreement with Aardwarmte Vogelaer on 4 July 2023. WnW is building a regional heat network infrastructure across Westland (target: 500 MW of heat transport capacity). The interconnection allows Aardwarmte Vogelaer to exchange heat with other sources and improve supply security. Final investment decision is planned for end-2024, with heat delivery through the combined network by 2027 at the latest.
• Green Well WestlandsupportingStrategic or Co-development Partner · 1 April 2022Aardwarmte Vogelaer acquired Green Well Westland in April 2022. Green Well Westland was the first geothermal project in the Westland and one of the first in the Netherlands. Its production well was decommissioned by late 2025, with the injection well retained for potential future use. Aardwarmte Vogelaer took over the supply obligation to Green Well Westland's former customers via its second project.
• HVCcoreChannel Partner/ Reseller/ Distributor · 1 July 2021HVC (a Dutch heat utility company) signed an agreement with Aardwarmte Vogelaer to supply geothermal heat to 424 new homes in Westmade-Noord (Monster). HVC acts as the heat retailer/distributor to residential customers, while Aardwarmte Vogelaer is the heat producer. The connection runs through Opti-flor's energy centre where heat is exchanged.
• AAB NLsupportingOthersAAB NL is listed as a partner on the Betrokken partijen (involved parties) page of Aardwarmte Vogelaer's website. AAB NL is a business consultancy/advisory firm that supported the company and also assisted in the Green Well Westland acquisition.
• Coöperatie Aardwarmte Beheer Nederland U.A. (CABN)supportingStrategic or Co-development PartnerCABN is a cooperative of geothermal project operators. Aardwarmte Vogelaer is a member. The cooperative enables knowledge sharing, joint maintenance, shared data processing, and collective representation. CABN's members collectively produce approximately 73 MW of renewable heat and serve 63 greenhouse businesses plus 551 homes, swimming pools, and schools.
• Geothermie NederlandsupportingOthersGeothermie Nederland is the national industry association for geothermal energy in the Netherlands, formed by the merger of Platform Geothermie and DAGO in January 2021. It advocates for the geothermal sector, builds knowledge, and facilitates innovation and stakeholder engagement. Aardwarmte Vogelaer is a member.
• Glastuinbouw NederlandsupportingOthersGlastuinbouw Nederland is the national sector organisation for Dutch greenhouse horticulture. It represents the interests of greenhouse businesses and supports the energy transition in the sector, including the adoption of geothermal heating. Aardwarmte Vogelaer is listed as a member/partner.

Scale indicators12 records

Recent moves6 records

Expansion highlights5 records

Regional players

• HVC: Dutch heat utility and waste-to-energy company that distributes geothermal heat from Aardwarmte Vogelaer to 424 Westmade-Noord homes. Comparable as a Dutch district-heating operator aggregating multiple heat sources to residential and commercial customers.
• Ennatuurlijk: Dutch district heating company operating geothermal and waste-heat networks across the Netherlands. Comparable business model (renewable heat distribution to end users via warmtenetten) and customer overlap in Dutch gas-free new-build residential heating.

Emerging players

• Mannvit: Icelandic engineering consultancy and operator active in geothermal district heating projects globally, including Dutch and European projects. Comparable technically as a deep-geothermal engineering and operations specialist, though typically a vendor rather than asset owner.
• CABN (Coöperatie Aardwarmte Beheer Nederland U.A.): Cooperative of Dutch geothermal operators collectively producing ~73 MW of renewable heat for 63 greenhouse businesses and 551 homes. Aardwarmte Vogelaer is a member; CABN's portfolio reflects the typical scale and customer base of comparable Dutch geothermal peers.

Direct peers

• Yeager Energy BV: Leiden-based Dutch geothermal developer and majority owner of Aardwarmte Vogelaer. Operates a portfolio of Dutch geothermal heat projects with directly comparable technology (deep doublets) and customer base (greenhouse horticulture + district heating).
• ECW Geothermie: Dutch geothermal developer focused on greenhouse horticulture heat supply, comparable to Aardwarmte Vogelaer in target customer, technology (deep doublets), and Dutch regulatory framework. CABN member.
• Glastuinbouw Geo Verwarming (subsidiary of Greenwell): Dutch geothermal heat operator serving Dutch greenhouse growers using comparable deep-doublet technology in similar regulatory and customer environments; member of Coöperatie Aardwarmte Beheer Nederland (CABN).

Broad incumbents

• Eneco: Large Dutch energy incumbent with district heating operations (including geothermal assets such as the Binckhorst project) and a broad renewable portfolio. Comparable as a Dutch heat-network operator competing for the same greenhouse and residential heat customers.
• Veolia Nederland: International environmental services and district heating incumbent with Dutch district heating assets and geothermal exposure (including the former BASF/Nederlandse Aardolie Maatschappij geothermal sites). Comparable as a broad utility operating Dutch heat networks and competing for industrial/residential heat load.
• BASF Geothermal / Wintershall Dea Geothermal: Historically operated geothermal doublets in the Netherlands for greenhouse and industrial heat supply, exiting/transferring several assets. Comparable as a deep-doublet geothermal operator in the same Dutch regulatory regime; relevant precedent for subsurface and operational risk.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

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Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Aardwarmte Vogelaer