Tiger Infrastructure completed the €50m investment in Qwello.

Tiger Infrastructure, a middle-market private equity firm that invests in growing infrastructure platforms, completed the €50m investment in Qwello, an Electric Vehicle charge point developer and operator with operations in Europe. "The European EV sector is experiencing unprecedented growth, driven by subsidies for EVs, fast declining battery costs and the expansion of EV offerings by OEMs. However, the supply of charging infrastructure is not keeping pace with the significant demand for EVs. I am delighted that Tiger Infrastructure is making an investment in Qwello during this inflection point in the evolution of the electric vehicle industry. Qwello has designed an impressive product and has built a pipeline of opportunities to partner with major cities to install and operate charging stations. We look forward to funding Qwello's growth and infrastructure deployment to create a leading provider of electric vehicle charging infrastructure," Emil W. Henry, Jr., Tiger Infrastructure CEO and Managing Director.