EBRD backs EV charging infrastructure across Central Europe

Green Forum
The European Bank for Reconstruction and Development is providing €35 million to GreenWay as part of a €113 million financing package to expand electric vehicle charging infrastructure across Central Europe.

The investment will enable GreenWay to develop and install 2,700 fast and ultra-fast public EV charging points across Poland, Slovakia and Croatia by 2028. The charging points will be located in densely populated and high-traffic areas to increase access to electric charging infrastructure and support cross-border EV travel.

Central Europe has less electric mobility infrastructure than other EU regions, making charging network expansion crucial for wider EV adoption and achieving climate objectives. "All electricity procured by GreenWay is sourced from renewable energy, ensuring that the expansion of charging infrastructure delivers clear carbon savings," the company said.

The EBRD's loan benefits from a first-loss guarantee provided by the EU under its InvestEU programme, which aims to trigger more than €372 billion in additional investment between 2021-27.

GreenWay, incorporated in Poland, currently operates more than 3,000 public charging points across the three countries and is one of the fastest-growing charge point operators in central and eastern Europe. The EBRD has invested more than €25 billion in Croatia, Poland and Slovakia, largely in the private sector.

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