Electra Raised €160m in a Funding Round Led by Eurazeo

Published on:
by KnowESG
anastasiia-chepinska-lcfH0p6emhw-unsplash

Electra, a French firm specialising in fast charging for electric vehicles, has received a €160 million investment from Eurazeo.

Electra is the third investment made by Eurazeo’s infrastructure strategy, after Ikaros Solar (Belgian provider of photovoltaic solutions) and Resource (Danish plastic waste sorting facility).

A low-carbon economy is a top priority for Electra, and the company's investment in energy and digital transition infrastructure is in line with that goal.

The reduction of 550,000 metric tonnes of CO2 emissions that will be avoided as a result of this investment by 2026 will help Eurazeo achieve its carbon neutrality goal.

RGREEN Invest, RIVE Private Investment, Serena, Groupe Chopard, SNCF (574 Invest), and RATP Group were among the round's other notable investors, along with top-tier firms like Eurazeo.

The funding will help Electra expand its presence in France and across Europe by providing fast-charging solutions. This gives Electra, France's sole rapid charging specialist, a leg up on Europe's major companies.

Source: Private Equity Wire

For more investor-related news

Share:
esg
esg
esg
esg

Investors Headlines

PUBLICA Boosts Funds, Invests Responsibly

PUBLICA Boosts Funds, Invests Responsibly

Projective Group Earns Bronze in ESG

Projective Group Earns Bronze in ESG

National Bank of Canada Publishes 2023 ESG Report

Danone's Green Excellence Recognised

Asyad Shipping's First ESG Report

Wienerberger Tops Sustainability Charts

Ricoh Achieves AAA in ESG Evaluation

Ricola Earns B Corp Status

NOVONIX Publishes Sustainability Report

Gold Rating for Crisis24's Green Efforts