Mobility

Petrol obtains financing for EV charging network in Slovenia, Croatia

Petrol obtains financing EV charging network Slovenia Croatia

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Published

July 15, 2024

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Published:

July 15, 2024

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Slovenia-based Petrol is about to install electric vehicle charging points in 35 locations in its home market and in Croatia. The project is worth EUR 17.5 million, of which the EBRD approved a EUR 9.5 million loan.

Fuel retailer and supplier Petrol is continuing its regional expansion and the transformation toward electricity, energy solutions, low-carbon hydrogen and renewables development. The European Bank for Reconstruction and Development said it signed off on a senior unsecured loan of EUR 9.5 million to the company to finance a program for the installation of recharging points.

The network is intended to serve light (LDV) and heavy duty electric vehicles (HDV) in Slovenia and Croatia, the international financial institution explained. EBRD approved the loan for three years.

Petrol is also operating a network of solar power systems on the roofs of its gas stations

The Ljubljana-based company plans to establish 105 charging points, of which it would install 65 in 20 locations in Slovenia. Nine sites would feature infrastructure for heavy duty vehicles. Eight locations out of the 15 envisaged in Croatia are seen both for LDVs and HDVs.

Petrol is participating in the European Union’s project Transport Alternative Fuels Infrastructure Facility (CEF2 – Transport – AFIF), co-financed under the Connecting Europe Facility. The aim is to build a pan-European network of recharging points of 150 kW and 350 kW for the two categories of EVs.

Petrol applied for the grant with the support of the EBRD as the implementing partner. The company is also operating a network of solar power systems on the roofs of its gas stations

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