Allego Secures €20 Million Loan from EBRD to Boost EV Charging Infrastructure in Poland
Summary
This financial support will support Allegos strong development of EV-charging infrastructure inside Poland as part of the companys ongoing Eastern European expansion project.Electric vehicle adoption in Poland, which ranks among the lowest in Europe in terms of EV charging penetration, can only be fostered through a robust and fully functional EV charging infrastructure. This initiative promotes the broad availability of efficient and dependable electric mobility throughout the continent as part of the European Unions efforts to decarbonize road transportation.Allego is set to deploy more than 200 light and heavy-duty vehicles (LDV /HDV) EV recharging points across over 50 strategic locations in Poland. Additionally, Allego will provide comprehensive maintenance and operational support for these facilities, enhancing the user experience with smart charging and efficient billing systems. Founded in 2013 and publicly listed on the NYSE in 2022, Allego now employs a team of 220 people striving daily to make charging accessible, sustainable, and enjoyable for all.For more information, please visit www.allego.eu.EBRD is a multilateral bank that promotes the development of the private sector and entrepreneurial initiative in 36 economies across three continents. EBRD investments are aimed at making the economies in its regions competitive, well governed, green, inclusive, resilient and integrated.The CROSS-E project has been established to enable a path towards future zero-emission travel by realizing high-powered electric vehicle (EV) charging points along key routes and ports across Europe.