Information on the target
Equans Infra & Mobility B.V., now rebranded as Velian, is one of the largest public electric vehicle (EV) charging platform operators in the Netherlands. The company boasts an extensive network of over 34,000 charge points strategically located across major Dutch municipalities. Operating under long-term concession contracts, Velian is committed to powering its operations with 100% renewable electricity, thereby playing a pivotal role in the decarbonization of road transport within the country.
The acquisition of Velian by DigitalBridge and Aberdeen Investments marks a significant milestone in the European EV charging infrastructure market. The transaction is supported by a €150 million senior debt financing package, which includes a senior secured Term Facility and a Capex Facility aimed at facilitating the future expansion of the charging network. Astris Finance acted as the Sole Financial Advisor throughout the transaction, providing comprehensive M&A advisory and debt structuring services.
Industry overview in the target’s specific country
The Highways & Rail Tracks (NEC) industry in the Netherlands is undergoing a transformative phase, driven by the urgent need for sustainable transport solutions. The Dutch government has set ambitious targets for reducing carbon emissions, which has led to increased investment in electric vehicle infrastructure. This includes not only the expansion of charging networks but also the integration of EV charging solutions into existing transport infrastructure, such as highways and rail systems.
In recent years, the Netherlands has emerged as a leader in EV adoption, supported by favorable government policies and incentives aimed at promoting electric mobility. The country’s strategic location in Europe, combined with its advanced transport infrastructure, positions it as a critical hub for the development of EV charging networks. The integration of charging stations along highways and in urban centers is essential to facilitate the transition to electric vehicles and ensure the accessibility of charging solutions for all users.
Moreover, the Highways & Rail Tracks (NEC) industry is increasingly focusing on public-private partnerships to enhance the development and maintenance of transport infrastructure. These collaborations are vital for ensuring that the necessary investments are made to support the growing demand for EV charging solutions. As municipalities align their mobility strategies with sustainable transport initiatives, the industry is expected to experience robust growth, driven by both public and private sector investments.
As the Netherlands continues to prioritize sustainability in its transport policies, the Highways & Rail Tracks (NEC) industry is poised for significant advancements. The ongoing expan…