Antin Infrastructure Partners (“Antin”, Ticker: ANTIN – ISIN: FR0014005AL0) announced that its NextGen investment platform has signed with Power Dot, Arié Group and other current shareholders an investment agreement where Antin will invest in Power Dot, a leading European owner-operator of destination and en-route electric vehicle (EV) charging infrastructure.
IMPROVED acted as the exclusive financial advisor to Power Dot in this landmark cross-border EV charging infrastructure transaction. The IMPROVED team accompanied Power Dot through a competitive process to select the appropriate partner for the next phase of its growth plan.
Founded in Portugal in 2018, Power Dot rapidly expanded into France, Belgium, Spain and Poland to comprise a network of approximately 5,000 charging points in high-traffic public locations. This extensive and continuously expanding network has been built through Power Dot’s commercial partnerships with large retailers as well as asset managers, shopping centres, motor service stations and fleet operators such as Uber.
The transaction is subject to customary approvals from competition authorities and is expected to close in late Q2 / early Q3 of 2022.