Joulz acquires Greenflux’s electric vehicle charging station business

Transaction summary

AMSTERDAM, April 1, 2020 – Joulz today announced the signing of a definitive agreement to buy the Dutch Charge Point Operator (“CPO”) and E-Mobility Service Provider (“eMSP”) business of Greenflux. This acquisition is the first since Joulz has been acquired by 3i Infrastructure in May 2019, and is part of Joulz’ strategy to expand into other energy transition related products and services for the B2B market.

Official press releases: Joulz, 3i Infrastructure and Greenflux

Emendo Capital acted as exclusive financial adviser to Joulz.

About Joulz

Joulz is a leading owner and provider of essential energy infrastructure equipment and services in the Netherlands. It leases essential energy infrastructure equipment and meters to a large and diversified customer base of industrial, commercial and public sector customers. It has two business units: Infrastructure Services and Metering. Joulz is set to benefit from the Dutch government’s commitment to decarbonise the economy, the ‘Energy Transition’, which will increase electricity consumption and demand for Joulz’s equipment and services. Joulz is headquartered in Delft and has more than 150 employees.

For additional information on Joulz, visit joulz.nl.

About 3i Infrastructure

3i Infrastructure plc is a Jersey-incorporated, closed-ended investment company, an approved UK Investment Trust (with effect from 15 October 2018), listed on the London Stock Exchange and regulated by the Jersey Financial Services Commission. It is a long-term investor in infrastructure businesses and assets. Its market focus is on economic infrastructure and greenfield projects in developed economies, principally in Europe, investing in operating businesses and projects which generate long-term yield and capital growth.

For additional information on 3i Infrastructure, visit www.3i-infrastructure.com.

About Greenflux

GreenFlux is a leading provider of EV charging platforms and smart charging technology. Across Europe, GreenFlux has connected over 23,000 charge points to its smart technology platform. The company developed a white label and cloud-based platform to remotely manage charging points, process transactions and adjust the charging process to the capacity of the electricity grid and (local) energy generation. GreenFlux is active in +21 countries on five continents with an ecosystem of more than 130,000 charging points (including roaming) and more than 1.2 million EV drivers.

For additional information on Greenflux, visit www.greenflux.com