GreenWay Secures Historic Green Debt Financing up to €138 Million to Continue Leading EV Charging Expansion
Key Messages:
- This is a historic, first-of-its-kind debt financing deal for EV charging in the region
- It brings the amount GW has raised for electromobility thus far to €258 million
- New financing provides significant resources for network expansion and customer service investments
- Underscores financiers positive view on electromobility market growth
Tuesday, May 26, 2026
Warsaw – Today, GreenWay (GW) announces the securing of up to €138 million (m) in green debt financing from a consortium of leading European financiers, consisting of Crédit Mutuel Arkéa, the European Bank for Reconstruction and Development (EBRD), with the support of InvestEU, ING Bank Śląski and mBank, acting also as an agent, security agent and green loan coordinator.
This first-of-its-kind debt financing of a pure-play electric vehicle charging operator in Central and Eastern Europe (CEE) is a historic milestone for this industry. It reflects strong support for GW, its team and its vision, as well as favorable long term growth expectations for electromobility in the region.
The investment will be used to expand GW’s market leading position in Poland and improve the customer offering in Slovakia, Croatia and the broader CEE region.
The transaction of up to €138m includes a refinancing facility, a CAPEX facility and a working capital facility for €113m and a €25m uncommitted extension facility.
Securing financing of charging network expansion is one of the key competencies of charge point operators at this stage of market maturation and is a prerequisite to achieving the economies of scale necessary to deliver high quality services and user experience.
To date, GreenWay has secured up to €258m for the development of electromobility in CEE. This includes backing by professional international infrastructure funds -Generation Capital, Helios Energy Investments and Mirova – and support from early-stage investors Janom Investments and Neulogy Ventures. GW was also the first company in the region to receive Connecting Europe Facility / Alternative Fuels Infrastructure Facility funds for public charging infrastructure in Slovakia (2013) and Poland (2016) from the European Commission, the first regional company to receive the InnovFin award and financing from the European Investment Bank (2018) and is a successful applicant in Polish National Fund for Environmental Protection and Water Management (NFOŚiGW) support programs.
As part of this financing, ING Corporate Finance acted as sole financial advisor to GreenWay, EY-Parthenon GmbH acted as the commercial advisor, ARUP as the technical advisor, Clifford Chance as company legal advisor, Addleshaw Goddard as the legal advisor for lenders, KPMG provided financial due diligence, Ester S.A.S as the hedging advisor and MAZARS as model auditor.
The GW Charging Ecosystem
Today, GW operates more than 5 800 charging points at more than 1 680 locations and boasts registration of over 90% market share among EV drivers in each of its core markets.
GW has built an ecosystem of electromobility in the region, which both helps regional companies electrify and supports utilization of its public charging network.
GW is the EV charging partner of choice for leading regional fleet operators including InPost, Coca Cola, IKEA, Holcim, and Westfield, among others. In addition to the private charging solutions GW provides for them at their own facilities, they also benefit from use of GW’s extensive public charging network. This now includes 361 new high power charging points at 62 new multi-charging hubs across Poland and Slovakia that were built in 2025 and will be further complemented by a number of dedicated charging locations for electric trucks, already under development and construction.
Macro Trends Support Electromobility
This announcement comes as Europe is facing its largest fossil fuel disruption in years and another stark reminder of its exposure to, and the costs of imported oil. Europe imports over 90% of the oil it consumes, and nearly 50% of this is for road transport[1]. Each EV on the road reduces the need for oil imports and is a step towards energy security, which is a continental imperative.
At the same time, the European EV market continues to grow quickly, up 19% in Jan-Feb 2026 alone[2]. In Poland, the EV fleet grew by ~62%, compared to April 2025, bringing the battery electric vehicle (BEV) fleet size to 147 000. Slovakia grew by ~68% compared to April 2025, with the BEV fleet today totaling nearly 28 500 vehicles. Current geopolitical developments should only accelerate this trend.
With the latest round of financing, GreenWay is looking towards the future.
