'Scale up charging infrastructure e-trucks'

Milence raises €120 million in funding

Milence wil tegen eind 2028 negentig hubs hebben in Europa. Milence, 2026

Charging player Milence has signed a €120 million financing deal with a consortium of international lenders With the additional funds, it aims to accelerate the further rollout of its growing network of charging hubs for electric trucks in Europe.

Milence is partnering with a consortium representing a broad mix of financial institutions with deep expertise in infrastructure and energy transition financing. Lenders include funds managed by Edmond de Rothschild Asset Management’s infrastructure debt platform (BRIDGE), Íslandsbanki, Invest-NL and Invest International. Íslandsbanki and Universal Investment. The European Union is supporting the transaction through the InvestEU fund.

The financing is Milence’s first access to the wider capital markets and complements the initial €500 million investment by the founding shareholders. The transaction is expected to close in the third quarter of 2026. Milence ceo Anja van Niersen said the financing deal marks an important step in scaling up the network in Europe.

“This agreement reflects the strong momentum in the market,” she says. “Electric road transport not only plays a crucial role in making transport more sustainable, but is also an important pillar of Europe’s energy transition and energy independence. It reduces dependence on imported fossil fuels while strengthening Europe’s resilience and competitiveness. The technology is there, the business case is developing, and with sustained momentum and the right policy support, we can scale up this transition across Europe.”

Read here: A look at the electric future: ready for bi-directional

The new funds provide Milence with flexible and scalable resources to support its capital-intensive rollout strategy. With the €120 million, the company aims to support the next phase of the pan-European rollout of its infrastructure, including the creation of new hubs, the expansion of existing sites and the rollout of high-performance Megawatt Charging Systems (MCS).

Milencecurrently operates34 charging hubs in eight European countries. A further 16 hubs are in development. The company aims to have a total of ninety hubs operational by the end of 2028.

Also read:

This article was automatically translated from the Dutch language original to English (British).

Author: Matthieu Van Steenkiste

Source: MobilityEnergy.com

E-mail

Related posts

For electric buses WattHub expands with a second fast-charging hub in Geldermalsen

WattHub, the company that builds fast-charging hubs for heavy machinery and heavy goods vehicles, has opened its second fast-charging hub in Geldermalsen. The charging hub has been specifically designed to make regional public transport more sustainable.
On 11 and 12 November Mobility Energy Expo presents a revamped format featuring themed areas

The Mobility Energy Expo returns to the Jaarbeurs Utrecht on Wednesday 11 and Thursday 12 November. This year, the event combines a dynamic exhibition floor with revamped themed zones and knowledge theatres, where visitors can attend workshops, panel discussions and informative sessions.
Between fuel and the future Sakko director Stephan Mangnus: ‘Step by step, from petrol pump to charging point’

At its core, the Sakko Group remains a traditional energy company, with fuel as its main source of income. More than fifty petrol stations in the Netherlands, a distribution network serving business customers in industry and agriculture, and a storage capacity of 6.6 million litres in Bergen op Zoom still form the foundation of the…
Grid-aware charging Pilot scheme in Utrecht: smart charging halves peak demand on the electricity grid

Smart management of public charging points can reduce the load on the electricity grid during the evening peak by 49.5 per cent. This is the finding of a winter pilot in the province of Utrecht, during which the charging speed of around 3,500 public charging points was temporarily reduced during the busiest hours.