Charge point operator GreenWay has raised over €50 million from French energy investment firm Mirova, making the company its largest shareholder, GreenWay Holding announced.
The investment will bolster GreenWay’s expansion efforts across Central and Eastern Europe amid what the company describes as “challenging market conditions.” GreenWay had sought an investor with strong long-term backing, and Mirova—already an investor in Driveco, Zunder, Jet Charge, and NEoT Green Mobility—was seen as a strategic fit.
Mirova joins existing shareholders Janom Investment, Generation Capital, Helios Energy Investment Funds, and Neulogy Ventures, along with the company’s founders and management team. GreenWay operates fast and high-power charging (HPC) stations in Poland and Slovakia and provides charging infrastructure for major brands, including Ikea, Żabka, InPost, Mercedes, and Kia. The company also plans to expand into Croatia and is involved in the EU-backed Cross-E project, which aims to install 911 HPC charging points in eight European countries.
“Support from Mirova will enable GreenWay to continue its ambitious plans to expand the charging network in the CEE region and provide the highest quality of services,” said Rafał Czyżewski, CEO of GreenWay. “It also signals further improvements in our operations and the potential for continued growth.”
“We are pleased to be partnering with GreenWay to support the shift to low-carbon mobility in Central Europe,” said Witold Marais, Director of Investments at Mirova. “GreenWay’s solid track record and deep market understanding align well with our strategy to support leading players in sustainable mobility.”