Eldrive’s Post

Eldrive is planning to expand from 1,200 to over 8,500 charging points within the next two years. Our CEO, Stefan Spassov, shares more details in the video below and discusses how the Advisory team at the European Investment Bank (EIB) has been instrumental in structuring this project. We are honored and grateful to be the first charging point operator to receive an equity investment from the EIB. #EIBAdvisory https://lnkd.in/dipbUUYk

Eldrive Lithuania installed and put to operation one of the largest EV charging hubs in Lithuania with thirteen 50 kW DC fast charging stations that can charge up to 26 electric vehicles simultaneously. It is strategically situated in Kaunas, near the busy A1 highway and A6 road, and is expected to  become a sort of epicenter for electric vehicle charging In the region.

⚡ We are happy to announce that EBRD is taking an equity investment in Eldrive ⚡ The European Bank for Reconstruction and Development (EBRD) is making an equity investment of €15 million in Eldrive Holding GmbH (Eldrive), a leading regional charge point operator in Bulgaria, Romania and Lithuania. By 2028, it will install and operate 7,400 new electric vehicle (EV) charging stations in addition to the 900 it already operates, expanding the EV infrastructure currently available in those countries.   The EBRD will invest alongside Renalfa Solarpro Group, Eldrive’s owner, in the first phase of development. The European Investment Bank (EIB) is also providing a €40 million venture debt facility. https://lnkd.in/eTYUzphw

This week, in Panevėžys district, Eldrive Lithuania started the construction ⚡🚗 of the first charging park for electric vehicles in Lithuania. The project will be developed in stages, taking into account the total number of electric cars in the country, and eventually it will be able to charge as many as 40 electric 🚘🔋 cars at a time. Tomas Tamašauskas, head of eldrive Lithuania in Lithuania, says that this charging park will be the first of its kind in Lithuania and the Baltic region 🇱🇹🌍. The total value of the project will be more than two million euros. The park is scheduled to start operating by the end of 📅 this year . The charging park will occupy a total of 1.5 hectares of land area, a building 🏢 of 318 square meters will be built on it , where cafes Caffeine LT ☕ and Narvesen will be located, rest and work places 🛋️💼 and toilets 🚻 will work . At the end of this year, five stations ⚡ with a capacity of 200 kW will be installed , each with two charging points 🔌 , and in the summer of next year, the first phase of the project will be completed with the installation of five more 400 kW stations ⚡ with two charging points, and the park will have a total of 🔋 20 charging points . In the next phase, the implementation of which will depend on market conditions and the development of the electric vehicle fleet in the country, another 20 charging points of ⚡🚀 extremely high power will be installed, as well as several charging points for heavy transport or buses 🚌

Eldrive receives two awards on EIB’s AdVenture Debt Summit 2024 On a dedicated ceremony held on may 13th in Luxembourg, as a part of EIB AdVenture Debt Summit, Eldrive received the EIB Advisory award and was recognized as an Innovation Champion. Eldrive was selected by the EIB Advisory team, after careful consideration of over 300 advisory projects. Securing the trust of the EIB is a substantial milestone for Eldrive. It is an important recognition of the resilience of our business strategy, implementation and growth achieved over the past few years. CEO of Eldrive Holding, Stefan Spassov, accepted those prestigious awards from Kyriacos Kakouris and Ambroise Fayolle, Vice-Presidents of the EIB. This recognition reflects our team's hard work, dedication, and the solid business strategy we've implemented over the years. Eldrive Holding GmbH is an operator of public charging infrastructure for electric vehicles in Bulgaria, Romania and Lithuania. The Company operates more than 1300 charging points with main focus on fast and super-fast charging and has an ambitious plan for further development and expansion.

We are honored that Eldrive have been awarded with the European Investment Bank (EIB) Advisory award on a dedicated ceremony on this year’s EIB ADventure Debt Summit, which took place earlier today in Luxembourg. Eldrive has been selected by the EIB Advisory team, after careful consideration of over 300 advisory projects. Securing the trust of the EIB is a substantial milestone for Eldrive. It is an important recognition of the resilience of our business strategy, implementation and growth achieved over the past few years. On the picture: Mr. Stefan Spassov, CEO of Eldrive receives the EIB Advisory award from Kyriacos Kakouris, Vice-President of the European Investment Bank.

🌍 Happy Earth Day! 🌱 Today, we celebrate our planet and the efforts we make to keep it green. #EarthDay #SustainableFuture #EVcharging