- Ekoenergetyka S.A. secures a €170 million loan from Bank Pekao S.A. for European market expansion.
- New production line launch aims to enhance efficiency and quality with plans for automation.
- Advanced charging solutions like Axon Easy 400kW target major European operators, reflecting strategic growth.
Leading Polish EV charge point manufacturer, Ekoenergetyka, secures €170 million investment for international expansion
Ekoenergetyka, a leading Polish EV charger manufacturer, has secured a significant PLN 741 million (€170 million) loan agreement with Bank Pekao. The funding is initially set at PLN 691 million with the potential to rise. It will fuel the company’s expansion across the European market.
This move comes as Ekoenergetyka ramps up production capabilities with a newly launched production line. Plans are underway to introduce industrial robots for automation, an essential step for prolific manufacturing.
CEO, Bartosz Kubik, commented:
“The acquired financing will provide the company with the opportunity for further dynamic development both in the area of international expansion across Europe and in the area of planned ambitious investments.”
The loan agreement, structured under Sustainability Linked Loan (SLL) terms, ties the loan costs to achieving sustainability targets.
Barbara Wacht, Vice Chairman for Ekoenergetyka, added:
“We are pleased to be able to develop our cooperation with one of the leaders of the Polish financial market. Since the beginning of our cooperation, Bank Pekao S.A. has supported the company with uncommon commitment, supported and understood the needs of dynamic development hence in a way somehow natural was the decision to choose this Bank as the leader of the process.
Taking into account how much interest the financial market has in the sector of electromobility and new technologies sector, in which we are a leader, we believe that the consortium will attract interest from other leading financial institutions.”
Recently, Ekoenergetyka unveiled advanced charging solutions like the Axon Easy 400kW and Axon Side 360kW, tailored for major European operators. They’ve already secured contracts with Ionita and Orlen Deutschland.
The loan marks a pivotal step in Ekoenergetyka’s journey. The charging sector is booming, driven by advancements in charging speeds and technologies. As countries around the world look towards emobility, infrastructure becomes a major concern. Investments like these are likely to become more commonplace as banks, lenders, and businesses seek to get in at the bustling ground-level of the soon-to-be enormous EV charging market.
