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Italian oil and gas company Eni has secured more than EUR 100 million for the installation of over 2,000 high-speed charging points for electric vehicles (EVs) in eight EU member states, including Slovenia and Greece.
The network of EV chargers will also cover Italy, Spain, France, Austria, Germany, and Portugal, running along the main European transport corridors, according to a press release from Eni.
Eni’s network will be among the largest in Europe
Slated for operation by 2025, the Italian company’s high-speed charging network will be one of the largest in Europe. The charging points will have a minimum power of 150 kW, according to the statement.
The funding, approved to Eni’s fully-owned subsidiary Be Charge, includes a EUR 50 million loan from Italian bank Cassa Depositi e Prestiti (CDP) and a EUR 50.4 million grant from the European Commission.
The funding includes a EUR 50.4 million grant from the European Commission
The Be Charge project will further reassure consumers, encouraging them to charge their cars across the EU and thus promote electro-mobility, according to Adina Vălean, the EU’s transport commissioner.
The Italian company currently has more than 15,000 charging points, with a plan to double its network by 2026, to 30,000, according to the statement.
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