Enel X completed the acquisition of a 12.5% stake in Hubject.

Enel X, a provider of smart charging solutions, completed the acquisition of a 12.5% stake in Hubject, an e-mobility joint venture that develops an interoperable platform which enables electric vehicle drivers to charge their cars across a network. Financial terms were not disclosed. “By joining Hubject, we are taking electric mobility to the next level. We are expanding Enel X’s role of global e-mobility service provider, by increasingly supplying charging services beyond our network. The overall aim is to offer electric vehicle drivers the possibility to fill up their batteries without having to worry about who their provider is, or about being abroad. The necessary precondition to the spread of electric mobility is simplifying the lives of those who want to join this revolution, and we are fully committed to the challenge,” Francesco Venturini, Enel X Global Head.