In brief
Expansion of a charging network for electric vehicles in some of the biggest cities in India.
Main development impact
Decrease of the emissions of PM 2.5 particles in traffic will prevent health problems and even reduce the number of premature deaths.Investment details
| Name: | Fortum Charge and Drive India Pvt. Ltd. |
|---|---|
| Project number: | 80000205 |
| Region: | Asia |
| Country: | India |
| Sector: | Energy |
| Signing date (month/year): | August 2020 |
| Currency: | EUR |
| Finnfund's financing (commitment): | 4,000,000 |
| Instrument: | Equity |
| Size of the project financing: | Not published |
| Share of Finnfund's financing (%): | 35,70 % |
| Status: | Active |
Please note, that in principle, this information is given at the time of signature according to Finnfund's disclosure policy. However, in the case of investment funds, the share of Finnfund’s financing (%) is disclosed after the fund’s final closing, and information on the portfolio companies financed by the fund is updated at least once a year.
Other investments
| Name | Country | Signing date (month/year) | Currency | Finnfund's financing (commitment) | Instrument |
|---|---|---|---|---|---|
| Fortum Charge and Drive India Pvt. Ltd. | South Asia | March 2023 | EUR | 8,000,000 | Equity |
