Global Infrastructure SherpaAntin Infrastructure Partners to acquire majority stake in Power Dot
Antin Infrastructure Partners agreed to acquire a majority stake in Power Dot, a European electric vehicle charging company.
Source Intelligence
Power Dot was founded in Portugal in 2018. Quote: Founded in Portugal in 2018 Power Dot expanded into France, Belgium, Luxembourg, Spain and Poland. Quote: Power Dot rapidly expanded into France, Belgium, Luxembourg Spain and Poland Power Dot's EV chargers have powered more than 26 million fully electric driven kilometers. Quote: Since inception, Power Dot’s EV chargers have powered more than 26 million fully electric driven kilometers Represents both installed and under installation charging points, which together are equivalent to c. 2,250 chargers (as of 16 May 2022). Quote: [1] Represents both installed and under installation charging points, which together are equivalent to c. 2,250 chargers (as of 16 May 2022).
"Antin Infrastructure Partners announced today that its NextGen platform has signed with Power Dot, Arié Group and other current shareholders an investment agreement where Antin will acquire a co-controlling stake in Power Dot"
"Antin Infrastructure Partners announced today that its NextGen platform has signed with Power Dot, Arié Group and other current shareholders an investment agreement where Antin will acquire a co-controlling stake in Power Dot"
"Antin Infrastructure Partners announced today that its NextGen platform has signed with Power Dot, Arié Group and other current shareholders an investment agreement where Antin will acquire a co-controlling stake in Power Dot"
"Orrick, Herrington & Sutcliffe acted as legal advisor to Antin"
"with UBS acting as its financial advisor"
"Linklaters acted as legal advisor to Power Dot and its current shareholders"
"with Improved CF acting as their financial advisor"
"EY teams assisted the parties on tax and financial aspects of the transaction."