Electra raises funds to expand fast-charging infrastructure in Belgium

The French charging infrastructure company Electra is borrowing a total of up to 75 million euros from four banks to expand its network of fast-charging stations in Belgium.

Image: Electra

Electra currently operates 40 stations in Belgium, with 250 in total. According to Electra, over 1,000 fast-charging stations are currently under development. The charging infrastructure specialist has now been granted loans from the banks ABN Amro, Caisse d’Epargne Hauts de France, CACIB and Société Générale specifically for the further rollout in Belgium – worth up to 75 million euros. The financing fulfils the ‘Green Loan’ criteria and covers 60% of the investment in charging stations in Belgium. The remaining funds will come from Electra itself.

Electra also recently announced a strategic partnership for Germany – with the hotel group Accor Invest. The first HPC chargers at its hotels are scheduled to open in 2024. The French company first formulated its ambitions for the German market at the beginning of the year. The French company plans to be active in the market with ‘a high three-digit number of fast-charging points’ by 2025. By 2030, more than 3,000 charging points at 500 German locations should already be connected to the network. Electra expects to have 2,200 locations and 15,000 charging points across Europe by this time.

The company’s partners include VINCI Autoroutes, Stellantis, Altarea, the Louvre Hôtels Groupe, the Delhaize Group, Toulouse Blagnac Airport, G7, Bolt, Europcar, Sixt, Honda, MG, InVivo, the Chopard Group and Hertz.

go-electra.com (in French)


about „Electra raises funds to expand fast-charging infrastructure in Belgium“

Leave a Reply

Your email address will not be published. Required fields are marked *