Sustainability-focused asset manager Mirova has invested over €50m in GreenWay, to become the largest shareholder in the European electric vehicle (EV) charging infrastructure company.
Mirova will join GreenWay’s board and hold a stake in the company, alongside existing shareholders including Janom Investment, Generation Capital, Helios Energy Investment Funds, Neulogy Ventures, the founder and management.
Rafał Czyżewski, who previously led Polish operations, will become the group CEO overseeing GreenWay’s entire operations. He will join Lukasz Gaffling, the new CFO, on the management board, which will be chaired by founder Peter Badik.
GreenWay represents Mirova’s fifth investment in low-carbon mobility, following Driveco, Zunder, JET Charge and NEoT Green Mobility.
Witold Marais, investment director at Mirova, said: “We are pleased to be partnering with GreenWay to support the shift to low-carbon mobility in Central Europe. GreenWay’s solid track record and history align well with our strategy to support leading pure players with demonstrated operational excellence and a deep market understanding.”
Badik said: “Management, with the strong support of all shareholders, will continue in the execution of GreenWay’s strategy in our three core markets. We will do our best to make sure that the transition to EVs continues in our region. This will be our humble contribution to the European industrial policy of energy transition, which is the best way to keep Europe independent, strong and free.”
Czyżewski said: “Support from Mirova will enable GreenWay to continue its ambitious plans to expand the charging network in the CEE region and provide the highest quality of services. Additionally, it serves as an impulse for further improvements in GreenWay’s operations, aimed at building the potential for continued growth.”
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