Econcern was an international holding company, consisting of five operating companies: Ecofys, Evelop, Ecostream, Ecoventures and OneCarbon. These companies deliver solutions for renewable energy

Renewable energy

Renewable energy is energy which comes from natural resources such as sunlight, wind, rain, tides, and geothermal heat, which are renewable . About 16% of global final energy consumption comes from renewables, with 10% coming from traditional biomass, which is mainly used for heating, and 3.4% from...

 (solar energy, wind energy

Wind energy

Wind energy is the kinetic energy of air in motion; see also wind power.Total wind energy flowing through an imaginary area A during the time t is:E = ½ m v2 = ½ v 2...

, bioenergy

Bioenergy

Bioenergy is renewable energy made available from materials derived from biological sources. Biomass is any organic material which has stored sunlight in the form of chemical energy. As a fuel it may include wood, wood waste, straw, manure, sugarcane, and many other byproducts from a variety of...

) and carbon credits, with a mission to "ensure a sustainable energy

Sustainable energy

Sustainable energy is the provision of energy that meets the needs of the present without compromising the ability of future generations to meet their needs. Sustainable energy sources include all renewable energy sources, such as hydroelectricity, solar energy, wind energy, wave power, geothermal...

 supply for everyone". Econcern employs 1,200 professionals in over 20 countries across the world.

Econcern has been ranked No. 234 in Europe’s top 500 listing of high growth, job-creating companies in 2007 and was named ‘Business of the Year’ at the CMS European Business Awards in 2008.

Bankruptcy

In May 2009 Econcern filed for Dutch Chapter 11 for suspension of payments, the first step towards bankruptcy, after it failed to agree on refinancing terms on a €150 million corporate loan which matured on 1 April 2009. An administrator will be appointed by a Dutch court to work with the board to try to identify new financing solutions. At stake are assets under development, such as the Belwind

Bligh Bank Offshore Wind Farm

The Belwind Wind Farm is located on Bligh Bank, from the Belgian port of Zeebrugge, and will be built in two phases. When completed, it is expected to have a 330 MW production capacity and an estimated annual output of 1.1 TWh. Phase 1 has a 165 MW production...

and Gode Wind I offshore wind farms, as well as operational assets, such as Q7.