European renewable energy investor Luxcara is investing in electric-vehicle charging infrastructure in Germany through a partnership with Wirelane.
The partnership expects to install up to 2,600 public charging points mainly in hotel complexes throughout the country.
Founded in 2016 and based in Munich, Wirelane provides full-service solutions for the installation, operation, and marketing of charging infrastructure.
Philip Sander, managing partner of Luxcara, said: “With this transaction, Luxcara emphasises its holistic strategy to drive the energy transition. We are convinced that this project will contribute to the much-needed decarbonisation of the transport sector.”
Constantin Schwaab, CEO of Wirelane, said: “With this cooperation we can continue to scale strongly.”
Bernhard Seidl, CFO of Wirelane, said: “The closure of this agreement shows the financial viability of our Enterprise Solution product.”
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