Invest-NL provides €25 million loan to Milence for European electric heavy-duty transport charging infrastructure

Type: Financing · Technology: Ev Charging · Country: Netherlands · Value: EUR 25M · Announced: 2026-05-06

Invest-NL committed €25 million as part of a €120 million loan to Milence, a Dutch joint venture between Daimler Truck, TRATON GROUP, and Volvo Group, to expand a pan-European network of fast-charging hubs for electric heavy-duty transport. The financing supports Milence's existing 34 hubs across eight European countries and plans to scale to hundreds of strategically located sites along key transport corridors. Heavy-duty transport accounts for over 25% of road transport emissions in the EU despite representing only 2% of the vehicle fleet, making this infrastructure critical for decarbonization. The €120 million financing package includes support from the European Union's InvestEU fund, with Invest-NL acting as an implementation partner to mobilize capital for complex, capital-intensive projects. The loan addresses financing gaps in early-stage infrastructure essential for the energy transition, with Invest-NL's structured finance approach enabling projects that traditional lenders deem too risky.

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