Allego (NYSE: ALLG), an Arnhem, the Netherlands-based provider of a pan-European electric vehicle network, raised €20M Loan from EBRD, as part of the CROSS-E project co-funded by the European Union.
The amount will support Allego’s development of EV-charging infrastructure inside Poland as part of the company’s ongoing Eastern European expansion project.
Allego is an electric vehicle charging solutions provider dedicated to accelerating the transition to electric mobility with 100% renewable energy. Th company has developed a comprehensive portfolio of innovative charging infrastructure and proprietary software, including Allamo and EV Cloud platforms.
Allego is set to deploy more than 200 light and heavy-duty vehicles (LDV /HDV) EV recharging points across over 50 strategic locations in Poland. This effort will include installing and integrating these recharging points into the existing Allego network. Additionally, it will provide comprehensive maintenance and operational support for these facilities, enhancing the user experience with smart charging and efficient billing systems. The project in Poland is co-funded by the EU’s Connecting Europe Facility (CEF) program, supporting European transport infrastructure projects along the TEN-T Network and in Urban Nodes.
With a network of 35,000 charging points (and counting) spanning 16 countries, Allego delivers independent, reliable, and safe charging solutions, agnostic of vehicle model or network affiliation.
FinSMEs
06/08/2024