EUR 100 million for the development of sustainable mobility in Europe. Powerdot success

Powerdot has accomplished the next phase of fundraising by securing EUR 100 million from its current investors, namely Antin Infrastructure Partners and Arié Group. This affirms the company’s dedication to advancing the electric vehicle charging market in Europe.

Strengthening cooperation

Powerdot CEO, Luís Santiago Pinto, expressed gratitude to both investors for their significant support. He underscored that the secured funds validate the company’s success and potential in constructing electric vehicle charging infrastructure. With over 5,000 charging points operational and another 10,000 in the implementation phase, Powerdot actively contributes to Europe’s shift towards sustainable mobility.

Antin NextGen Partner, Anand Jagannathan, highlighted Antin’s dedication to Powerdot’s development, emphasizing their aim to reduce carbon emissions in transport through the provision of fast and cost-effective charging stations. This initiative is poised to foster sustainable mobility across Europe.

David Arié, a member of the Arié Group’s Management Board, expressed pride in the Group’s involvement in Powerdot’s latest round of financing and reiterated their support for the company’s advancement.

Powerdot development

In 2023, Powerdot experienced remarkable growth, witnessing a 201% increase in the number of charging points. Presently, the company operates over 5,000 active charging points across 1,300 locations, and there are intentions to introduce an additional 10,000 charging points in 1,400 locations.

The secured funds will play a pivotal role in advancing the development of charging infrastructure and backing technological innovations. These efforts aim to enhance the overall experience and convenience for electric vehicle users.

Source: powerdot.eu