GreenFlux, an industry-leading provider of Electric Vehicle (EV) charging platforms and smart charging technology, announced the signing of a definitive agreement to sell its Charge Point Operator (CPO) and E-Mobility Service Provider (eMSP) division to Joulz, a 3i Infrastructure company. Joulz is a leading owner and provider of essential energy infrastructure equipment and services in the Netherlands. The divestiture allows GreenFlux to fully focus on the continued development of its EV charging platform and the international growth of the company.
In 2011 GreenFlux started offering EV charging infrastructure to EV drivers, fleets and building one of the first charging networks in the Netherlands. Today, GreenFlux is an international frontrunner in the EV market, offering software platform solutions to manage charging infrastructures for electric vehicles. The platform enables operators of charging infrastructure to remotely manage charge points, process transactions and utilize smart charging to adjust the charging speeds to the capacity of the electricity grid and local energy generation. Its products and services are offered to leading charge point operators, e-mobility service providers and companies of the utility, oil and gas and automotive industries over five continents.
This is the first acquisition executed by Joulz after its incorporation under 3i Infrastructure Group. The Dutch branch of the charge point operator will continue as Joulz Laadoplossing B.V. Its activities are predominantly situated in the Netherlands and concerns over 3,000 charging stations. The GreenFlux charging platform, which is excluded from the transaction, remains an integral part of the proposition. Thus compelling a close partnership between GreenFlux and Joulz Laadoplossingen B.V.As a result of the transaction, Joulz has become an important customer of GreenFlux, utilizing the EV charging platform to manage their charging network in the Netherlands. Both parties will continue to closely work together.
