Energy & Infrastructure M&A 2025 - Dutch Chapter

Law and Practice

1. Market Trends

1.1 Energy and Infrastructure M&A Market

The M&A market for energy and infrastructure in the Netherlands has shown surprising strength and adaptability, even though it continues to face some challenges.

Uncertainty with respect to policies, EU and national regulations and energy prices, has led many companies to reassess their strategic plans. Due to uncertain business cases, industrial players, such as refineries and chemical companies, are currently postponing large investments in electrification, hydrogen or carbon capture and storage.

Most imminent is the regulatory challenge of obtaining NOx emissions (primarily nitric oxide and nitrogen dioxide) permits. This introduces new complexities in the current challenging phase of the transition from fossil fuels to sustainable energy.