Photo: Eleport
Electric vehicle charging network operator Eleport has secured EUR 35 million for the installation of new charging points in eight European countries including Croatia and Slovenia.
Eleport said it has taken a EUR 35 million loan from the European Investment Bank (EIB), backed by the InvestEU program.
The proceeds will support the deployment of more than 250 new fast-charging hubs in major shopping and commercial destinations across Estonia, Latvia, Lithuania, Poland, Czechia, Slovakia, Slovenia, and Croatia. In August 2024 the firm acquired TurboVolt, entering the markets of Croatia and Slovenia.
Each hub will feature up to 12 charging plugs, with charging power of up to 400 kW per plug, allowing drivers to charge quickly while they go about their everyday plans, according to the firm.
The firm intends to build the Electric Amber Road
Eleport operates a total of 800 charging points, including over 400 fast e-chargers, in six countries – Estonia, Latvia, Lithuania, Poland, Slovenia, and Croatia.
The firm intends to build the Electric Amber Road – a modern fast-charging network inspired by the historic Amber Road, which once connected the Baltic region and the Adriatic through Central Europe.
Eleport’s key shareholders are Gren, owned by Partners Group, Estonian mobility company Bolt, and Ambient Sound Investments, the investment company of co-founders of Skype, according to its website.
The loan agreement is backed by the InvestEU program
InvestEU aims to trigger more than EUR 372 billion in additional investment between 2021 and 2027.
By building multi-plug fast-charging hubs at everyday destinations like shopping centres and retail parks, Eleport makes charging something that happens in the background, without extra waiting or an extra stop, CEO Jakub Miler said.
“This EUR 35 million EIB loan is an important step in expanding reliable, high-quality infrastructure across Central and Eastern Europe”, he added.
According to EIB Vice-President Karl Nehammer, scaling up fast‑charging infrastructure is essential to accelerate the shift to electric mobility and reduce emissions from road transport.
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