European EV charging gets a boost as Electra lands €433 million
The French company plans to strenghten its position, install 15,000 high-power EV charging points by 2030.
Published on July 24, 2025
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© Electra
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Electra, a leading French electric vehicle (EV) charging infrastructure provider, has secured up to €433 million in green financing to rapidly expand its network across the continent. This deal, one of the largest in the sector, will enable Electra to install 15,000 high-power charging points by 2030, making electric mobility more accessible and seamless for drivers. The funding will also allow Electra to evolve its stations into intelligent energy hubs, optimizing grid integration and renewable energy usage. Dutch banks ABN AMRO, ING, and Rabobank are among those backing this funding round.
The company is dedicated to making EV charging accessible, simple, and intuitive for everyone. The company optimizes the user experience by providing an app, a smart road planner, and 24/7 customer support. Electra's charging stations offer features such as Autocharge, which allows drivers to start charging simply by plugging in their vehicle, and vehicle recognition, which automatically detects the vehicle once Autocharge is activated in the app. Electra also focuses on stress-free pricing, billing customers based on the actual energy they consume. With Electra, drivers can add a 400km charge in just 20 minutes using chargers that deliver up to 400kW.
Financing a European EV charging network
The €433 million includes €283 million of committed facilities plus an optional €150 million tranche. This funding round, the largest in its sector in France and one of the biggest in Europe, brings Electra's total secured funding above €1 billion. The company plans to use the funds to accelerate the deployment of its network, strengthen its presence across 9 European countries, and deliver a fast-charging experience that’s simple and accessible.
"The debt financing is a key milestone and enables Electra to continue rapidly expanding its network across Europe, consolidating the market, and ultimately accelerating the adoption of electric mobility across the continent,” said Aurélien de Meaux, CEO and co-founder of Electra.
Expansion plans
Currently, Electra operates more than 500 stations and 3,100 fast-charging points across Europe. The company is also evolving its charging stations into intelligent energy hubs with grid load optimization, battery storage systems, and solar panel connections to ensure network resilience and efficient energy use. Electra is part of the Spark Alliance, which brings together four leading European ultra-fast charging players with a joint network of over 11,000 charging points across Europe.
Currently, the company operates one station in the Netherlands, located in Sliedrecht, with three more openings soon: in Vierlingsbeek, Vlaardingen, and Utrecht. Electra previously announced it would build 100 fast charging stations with 600 charging points in the country.
