Release date: 3 December 2025
Promoter – Financial Intermediary
ELEPORT OULocation
Description
The project supports the deployment of an electric vehicle charging network in the Baltics and Central and Eastern European countries.
Objectives
The aim is to accelerate the electrification of the road transport sector and is aligned with the EC's comprehensive framework of policies to reduce greenhouse gas emissions including the Sustainable and Smart Mobility Strategy (December 2020) and the EU Green Deal (November 2021). The project also contributes to EIB's objectives for Sustainable Transport (100%) and Climate Action (100%). Being located in Poland, Estonia, Latvia, Lithuania, Croatia Slovenia, Austria, Slovakia and Czechia, it also supports cohesion (70%). Additionally, it is aligned with the EIB Group Climate Bank Roadmap and new Transport Lending Policy, as well as the Strategic Priorities (Climate, Cohesion, CMU by creating level playing field). The operation falls under the eligible policy area described in Article 5 heading 1.1.2 Future Mobility of the Green Transition Schedule A.2.1 of the EIB InvestEU Guarantee Agreement, as it covers high-risk deployment of recharging and refuelling infrastructure supplying electricity.
Sector(s)
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 35 million
Total cost (Approximate amount)
EUR 85 million
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Under appraisal