Business
Arcus Infrastructure Partners Invest in German Electric Vehicle Charge Point Operator
Arcus Infrastructure Partners has made a strategic investment in a prominent German electric vehicle (EV) charge point operator known as EZE network, marking a significant milestone for the company. This investment comes as part of the ongoing initiatives by Arcus within the transport sector, particularly in the realm of sustainable infrastructure.
The transaction, facilitated on behalf of the Arcus European Infrastructure Fund 3 (AEIF3), signifies a pivotal move for EZE network, aligning with its growth trajectory and expansion plans. Notably, existing shareholders, including DeepTech & Climate Fonds, will continue to have a stake in EZE, underscoring the confidence in the company’s future prospects.
Headquartered in Munich, Germany, EZE network has been at the forefront of providing comprehensive electric car charging infrastructure solutions across metropolitan regions and smaller communities in the country. Launched in 2019, EZE network has quickly gained traction and positioned itself as a key player in the rapidly evolving EV charging landscape in Germany.
Michael Allen, a Partner at Arcus responsible for the transport sector, explained that the decision to invest in EZE network stemmed from a detailed assessment of the EV charging market. Arcus identified EZE as a standout player with a solid foothold in the essential ‘park and charge’ segment crucial for supporting the decarbonization agenda in the transport industry.
Furthermore, Allen highlighted the strategic fit of EZE within Arcus’ portfolio, citing the company’s long-term contractual relationships with various municipalities and a strong track record in the industry. The investment from AEIF3 is set to propel EZE’s growth further and enhance its position in the public charging infrastructure sector.
Nancy Valentine-Urbschat, the Managing Director and Co-founder of EZE network, expressed enthusiasm about the partnership with Arcus, emphasizing the financial backing provided by the investment. This support will enable EZE to scale its operations across Germany and potentially expand into other markets, solidifying its standing as a leading player in the EV charging domain.
Michael Valentine-Urbschat, also a Co-founder and Managing Director at EZE, reiterated the company’s commitment to sustainable charging solutions and welcomed the recognition from Arcus. With the additional equity injection, EZE aims to enhance its unique value propositions in the market and differentiate itself further to meet evolving customer needs.