Fortum Charge and Drive India Pvt. Ltd.

Two e-vehicles charging batteries

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 & 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 & Drive India Pvt. Ltd. South Asia March 2023 EUR 8,000,000 Equity
August

Key facts

Name:

Fortum Charge & Drive India Pvt. Ltd.

Sector:

Energy

Region:

Asia

Country:

India

Currency:

EUR

Finnfund's financing (commitment):

4,000,000

Signing date (month/year):

August 2020

Last update:

13 December 2024