GreenWay Secures €138 Million Financing to Expand EV Charging Network in Central and Eastern Europe
2026-06-02 15:51
Favorite

en.Wedoany.com Reported - GreenWay has secured up to €138 million (approximately $158 million) in green debt financing to expand electric vehicle charging infrastructure in Central and Eastern Europe. The financing is provided by a consortium of European lenders, including Crédit Mutuel Arkéa, the European Bank for Reconstruction and Development (EBRD), and is supported by InvestEU, ING Bank Śląski, and mBank. mBank also serves as agent, security agent, and green loan coordinator.

The financing package includes refinancing loans, capital expenditure loans, and working capital loans totaling €113 million, plus an additional €25 million in uncommitted expansion capacity. GreenWay stated that this is the first such debt financing for a pure electric vehicle charging operator in Central and Eastern Europe. The company will use the funds to strengthen its position in Poland and improve customer service in Slovakia, Croatia, and the broader region.

As electric vehicle adoption rises and Europe seeks to reduce its dependence on oil, this financing will primarily support markets in Poland, Slovakia, Croatia, and the wider Central and Eastern European region. GreenWay has now secured up to €258 million in funding for its electric vehicle development in Central and Eastern Europe. Its shareholders include international infrastructure funds Generation Capital, Helios Energy Investments, and Mirova, as well as early investors Janom Investments and Neulogy Ventures.

GreenWay currently operates over 5,800 charging points at more than 1,680 locations, with a registered market share of over 90% among electric vehicle drivers in each of its core markets. The company's model combines public charging with private infrastructure for regional companies, supporting fleet electrification while also improving utilization of GreenWay's public network. Its key fleet and corporate customers include InPost, Coca-Cola, IKEA, Holcim, and Westfield. In 2025, the company built 361 new high-power charging points at 62 new multi-charging hubs in Poland and Slovakia, and is developing and constructing dedicated charging stations for electric trucks.

This financing comes at a time when Europe faces pressure over fossil fuel security. The region imports over 90% of the oil it consumes, with nearly half used for road transport. In the electric vehicle market, European EV sales increased by 19% in January and February 2026. In Poland, the number of pure electric vehicles grew by approximately 62% compared to April 2025, reaching 147,000 units; over the same period, Slovakia's pure electric vehicle fleet grew by about 68%, reaching nearly 28,500 units.

Advisors for this transaction include: ING Corporate Finance as exclusive financial advisor to GreenWay; EY-Parthenon GmbH as commercial advisor; ARUP as technical advisor; Clifford Chance advising the company, with Addleshaw Goddard advising the lenders; KPMG providing financial due diligence; Ester S.A.S as hedging advisor; and Mazars as model auditor. GreenWay also has a long track record of securing European public funding, being the first company in the region to receive public charging infrastructure funding from the Connecting Europe Facility and the Alternative Fuels Infrastructure Facility in 2013 (Slovakia) and 2016 (Poland).

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com