FIRSTavenue advises Bestinver on €115 Million Continuation Vehicle Supporting Italy’s EV Infrastructure Expansion

The €115 million continuation vehicle for Bestinver's Italian EV charging assets demonstrates a clear strategy to unlock further growth from existing infrastructure. This financing structure allows Bestinver, an independent investment management firm from Spain, to recapitalize its current portfolio, providing fresh capital without a full exit. The primary commercial logic centers on accelerating the deployment of EV charging infrastructure across Italy, a market experiencing rapid electrification. By securing this new capital, Bestinver can enhance the operational capacity and expand the geographic reach of its assets, directly benefiting the Italian EV sector. This approach offers a liquidity solution for initial investors while injecting crucial funds for the next phase of development within the same asset base. The transaction, announced on February 5, 2026, specifically targets the expansion of EV charging capabilities within Italy. Macquarie, through its Macquarie Asset Management (MAM) division, a global leader in infrastructure investment, is the investor providing the €115 million in new capital. This investment aligns with Macquarie's established position as one of the world's largest infrastructure managers, indicating a continued appetite for scalable, long-term assets like EV charging. For Bestinver, a Spanish independent investment management firm focused on long-term value creation in infrastructure, this recapitalization allows them to retain exposure to a high-growth sector while securing capital for further expansion in Italy. FIRSTavenue advised Bestinver on this €115 million financing, facilitating the complex continuation vehicle structure. The deal underscores the increasing institutional confidence in Italy's EV infrastructure expansion, attracting significant capital from global players like Macquarie into specialized, operational assets.