Announced
Completed
Financials
Tags
renewable energy
Production Technology Equipment
electric vehicles
France
EV charging solutions
Private Equity
Venture Capital
Acquisition
Domestic
Minority
Private
Completed
Friendly
Single Bidder
Synopsis
PGGM, a not-for-profit cooperative pension fund service provider, led a €304m funding round in Electra, an electric vehicles fast charging solutions provider, with participation from Eurazeo, RIVE Private Investment, SNCF Group, Serena and Bpifrance. "We are delighted to welcome PGGM as a shareholder in Electra. The support of a reputable investor with an international presence and a strong commitment to the energy transition is a significant vote of confidence that will accelerate Electra's deployment ambitions. We will continue to develop our fast-charging network for electric vehicles in several European countries to facilitate the transition to cleaner mobility. The shift to electric vehicles should be simple and convenient for users, and that is the proposition of Electra." Aurélien de Meaux, Electra CEO.
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