Fortum Charge and Drive India Pvt. Ltd.

Two e-vehicles charging batteries

In brief

Follow on investments into expansion of a charging network for electric vehicles (4-wheelers).

Main development impact

Reduction of emissions, improvement in air quality.

Investment details

Name: Fortum Charge & Drive India Pvt. Ltd.
Project number: 80000205
Region: Asia
Country: South Asia
Sector: Energy
Signing date (month/year): March 2023
Currency: EUR
Finnfund's financing (commitment): 8,000,000
Instrument: Equity
Size of the project financing: EUR 31,500,000
Share of Finnfund's financing (%): 40,96 %
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 & Drive India Pvt. Ltd. India August 2020 EUR 4,000,000 Equity
March

Key facts

Name:

Fortum Charge & Drive India Pvt. Ltd.

Sector:

Energy

Region:

Asia

Country:

South Asia

Currency:

EUR

Finnfund's financing (commitment):

8,000,000

Signing date (month/year):

March 2023

Last update:

13 December 2024