Antin to Invest in Power Dot, a Leading European Electric Vehicle Charging Platform

Regulatory News:

Antin Infrastructure Partners (Paris:ANTIN) announced today that its NextGen investment platform has signed with Power Dot, Arié Group and other current shareholders an investment agreement where Antin will acquire a co-controlling stake in Power Dot, a leading European owner-operator of destination and en-route electric vehicle (EV) charging infrastructure.

Founded in Portugal in 2018, Power Dot rapidly expanded into France, Belgium, Luxembourg Spain and Poland to now comprise a network of approximately 5,000 charging points¹ in high-traffic tier 1 public locations. This extensive and steadily growing network has been built through Power Dot’s commercial partnerships with large retailers, shopping centres, motorway service stations and fleet operators.

Since inception, Power Dot’s EV chargers have powered more than 26 million fully electric driven kilometers, representing the equivalent of over 4,000 tonnes of CO2 avoided, thereby furthering the EU’s overall aim of reducing greenhouse gas emissions by 90% by 2050.

Antin’s investment to be deployed within the firm’s Nextgen strategy follows the recently announced investment into smart grid developer SNRG. Both investments demonstrate Antin’s commitment to building a portfolio of sustainable and scalable next generation infrastructure companies.

Antin will contribute to the growth of the already strong network of EV charging stations installed and operated by Power Dot. Antin’s team will work closely with the group’s experienced management team to assist in further expanding Power Dot’s EV charging portfolio through enhancing its footprint with existing commercial partners and by further developing Power Dot’s robust pipeline of new locations. Through its ambitious growth plans, Power Dot is well positioned to help usher in the widespread adoption of EV by providing affordable and sustainable fast charging stations in key public locations throughout Europe, thus further contributing to the decarbonisation of transport.

Luis Santiago Pinto, co-founder and CEO of Power Dot stated: “Destination charging is amongst the fastest growing segments by demand, and also one where rapid charging needs are strongest. With strong political support aiming to ban the sale of internal combustion vehicles within the EU by 2035, EVs are expected to account for approximately 50% of passenger car production by 2030. In partnership with Antin, Power Dot is poised to capitalise on these strong market tailwinds that are creating a significant EV charging market."