AICEP Portugal Trade & Invest | San Francisco’s Post

Vertelo, a new platform backed by Macquarie Group Ltd, an Australian global #financialservices group, is set to revolutionize India’s #electricvehicle (#EV) landscape with a US$ 1.5 bn #investment. This strategic move aims to reduce #greenhousegasemissions by an equivalent of 9.5 metric tonnes of #carbondioxide. Vertelo’s ambitious plans include providing end-to-end solutions for #fleetelectrification in the country. These solutions include #leasing, #financing, #charginginfrastructure and #energysolutions, fleet management services, and end-of-vehicle life management. With an anchor investment of US$ 200 million from the Green Climate Fund, the platform is poised to make a #substantial impact on the country’s transition to #cleanertransportation. Moreover, the platform has partnered with key industry players like Chalo Mobility Pvt Ltd and leading #electricbus manufacturer JBM Group. Through these partnerships, Vertelo is committed to procuring up to 2,000 electric buses and cars from various original equipment manufacturers (#OEMs). These efforts align with the country’s growing focus on promoting #EVadoption and #sustainablemobility, as demonstrated by recent government initiatives and partnerships. https://lnkd.in/d9hXmTQd

🚀 Powerdot Secures €165 Million Green Financing to Accelerate EV Charging Point Deployment 🌍 We are thrilled to announce that Powerdot has secured €165 million in green financing from leading financial institutions, including ABN AMRO Bank N.V., BNP Paribas, ING, MUFG, Santander - which also acted as sole financial adviser and green financing coordinator -, and Societe Generale! This pivotal funding will significantly boost our mission to deploy ultra-fast EV charging points across Europe, furthering the transition towards net-zero transport. This substantial financing solidifies our EV charging industry leader position and underscores our financial partners' strong confidence in Powerdot’s vision and operational capabilities. With this investment, we are set to expand our network to over 3,100 locations by 2026, enhancing the technology and user experience while continuing to grow our talented team. We thank all our partners for their unwavering support and commitment to sustainable mobility. Together, we are driving significant advancements in EV infrastructure and contributing to a greener future for all. https://lnkd.in/d2MBt2Ww #EVcharging #SustainableMobility #GreenFinancing #Powerdot #NetZero #Innovation #ElectricVehicles #Infrastructure

Let's face it: the age of new energy (electric) mobility is upon us. Yet, amidst the undeniable allure of cutting-edge technology, the true challenge lies not in innovation but in financing. Yes, cash is king, and understanding how the flow of capital can energise the electric revolution is paramount. Reflecting on Smarter Mobility Africa's recent Financing Fleets to go Electric webinar which was hosted by Ben Pullen, I can't help but echo the sentiments of the esteemed speakers. From SBV South Africa's Jonathan Mphake, to Steve Onyango, the visionary CFO at Watu Credit, and Paul Plummer CA(SA), the dynamic co-founder of Everlectric, each shared invaluable perspectives on the intricate tapestry of challenges and opportunities that define the financing landscape. Jonathan's insights resonated deeply as he underscored the multifaceted nature of fleet management. Beyond the allure of sleek vehicles lies the complex interplay of supply chain dynamics, operational efficiency, and the relentless pursuit of sustainable practices. His anecdote about the critical importance of data analytics in making informed decisions struck a chord, highlighting the delicate balance between expectation and reality in the realm of fleet procurement. Steve's narrative shed light on the unique challenges facing microlenders in facilitating the adoption of EVs, particularly in regions like East Africa. From charging infrastructure gaps to regulatory hurdles and consumer awareness, each obstacle presents an opportunity for innovation and collaboration. The emphasis on accessibility and agile loan processing resonated with our shared vision of democratizing access to green mobility solutions. Paul's journey with Everlectric epitomises the spirit of entrepreneurial resilience in the face of uncertainty. As a startup navigating the electrified terrain, their approach to trial and refinement underscores the iterative nature of innovation. By prioritising data-driven proof of concepts & strategic scalability, they embody the ethos of adaptive entrepreneurship essential for driving sustainable change. At the heart of our discourse lies a fundamental question: how do we bridge the gap between aspiration and action in the transition to electric fleets? The answer, perhaps, lies in embracing a holistic approach that transcends conventional boundaries. By fostering synergies between industry players, policymakers, and financial institutions, we can unlock the full potential of electric mobility to drive economic prosperity and environmental stewardship across Africa. As we chart a course towards a greener future, let us remember that every journey begins with a single step—and in our case, it starts with a commitment to collaboration, innovation, and unwavering resolve. Together, we can turn the tide of transportation towards a brighter, more sustainable tomorrow. Interesting times ahead. #ElectricMobility #SmartMobility #Sustainability #Africa #Innovation #Collab #Leadership

As we mark Earth Day this week, it's crucial to recognize the role businesses play in shaping a better future for our planet. As per a report by BloombergNEF, the Global Clean Energy Investment rose by 17% in 2023, hitting US $1.77 trillion. The transport sector, especially electric vehicles, saw the biggest growth, reaching US $634 billion, up by 36% from the previous year. This covers spending on electric cars, buses, bikes, and the infrastructure needed to support them. Additionally, Clean energy-focused companies raised more equity than any other sector in 2023, at US $49 billion. What are your thoughts on these developments? Let us know in the comment below. #climatetech #cleanenergy #renewableenergy #ev #electrifiedtransport #china #leading #investments #greeninvesting #earthday

⚡Europe’s leading EV charging point operator, Powerdot, raises €165M in green financing to accelerate deployment. This financing marks a pivotal moment in Powerdot’s mission to enhance electric vehicle infrastructure throughout Europe and the transition towards net-zero transport, further solidifying its leading industry position. The €165 million green financing facility, from ABN AMRO Ventures, BNP Paribas, ING, MUFG Bank, Santander, and Societe Generale – will expand Powerdot’s network of EV charging points to reach more than 3,100 locations by 2026, enhance the technology and user experience, and grow and develop its team. "This substantial financing is a testament to our financial partners’ confidence in Powerdot’s vision and operational capabilities." - Luís Santiago Pinto, Powerdot co-founder and CEO Read more about the raise and how Powerdot intends to continue transforming the EV space, via the article linked below. 👇 https://lnkd.in/d4ug5uX2 #PropTech #RealEstate #VC #EV #Sustainability ---- 💡 Follow PropTech Connect for daily Real Estate and PropTech news and insights.

As we celebrate Earth Day this week, it is imperative to understand how businesses performed in the clean energy, in light of the efforts to 'give back' to the earth and help shape a better future. #earthday #week #cleanenergy #cleantech #energy #green #investing #greeninvesting #renewables #equities #china #largest #investor

Recognising the crucial role of locally-owned and -managed #SMEs for sustainable and universal energy access, GET.invest is rolling out the #FinanceReadiness Support as part of its #FinanceAccess Advisory 🎉      During the pilot phase (2021-2023), the service successfully supported 34 locally-owned and -managed #EnergyAccess companies with tailored coaching and advisory services to unlock financing. Among them was Drivelectric, a Kenya-based company pioneer in electric vehicle solutions, driving the transition to a cleaner and more sustainable transport sector 🔋⚡       Thanks to the GET.invest Finance Readiness Support, Drive Electric focused on strengthening their business strategy and revenue stream development, receiving tailored support in access to finance through Energy 4 Impact 🚀  According to Francis Romano, CEO of Drivelectric "Working with GET.invest’s Finance Readiness Support has been transformative for Drive Electric. Their invaluable assistance in honing our R&D capability and refining our financial models has positioned us for greater success."       Stay tuned for further insights from the pilot phase in the coming weeks and learn more about the service ➡  https://lnkd.in/ehTCnEeX 

'Decarbonization is a good business.' - says Emmanuel Lagarrigue is the Co-Head of Climate at KKR where he leads KKR’s investments in decarbonization technologies and brown-to-green transitions. 💸 They see a number of opportunities in renewables, energy storage, EV charging, and creating a sustainable value chain to make batteries for EVs and for grid storage. Beyond this, there are many other areas, such as decarbonizing steel, cement, shipping, aviation, agriculture, decarbonizing data centers, energy supply and demand, and decarbonizing the operation of buildings and many more. Emmanuel identifies 3 types of opportunity: ✅ Scaling Up Existing Solutions They have an investment in Zenobi which has a fleet electrification business with 1200 buses and they see an opportunity to get to 8000 quite easily. There is no technology risk, this is an infrastructure-type asset. ✅ Scaling Up New Solutions There are lots of deals in the value chain for batteries. There is tremendous demand for lithium-ion batteries for electric vehicles because the adoption of electric vehicles is quite rapid. And then we have to put in place all the supply chain to make those batteries and the component for those batteries. Here is a significant opportunity. ✅ Helping Public Companies Transition When a company needs to execute on the transition towards a more decarbonized business, it’s extremely difficult to do it with its own balance sheet and shareholder money. KKR plans to set up structures to assist public companies who find it difficult to use their shareholders money to invest in lower return outcomes, but can partner with KKR and use its capital. #esg #energytransition #decarbonization #greeninvesting

If you have #ESG targets to hit, but: - You're not sure where to start - You're worried about financing green power - You're not sure what green tech your business could use Here is our starter guide to green business energy: https://lnkd.in/eZsAb6ye #netzero #greenheat #businessheat

We're thrilled to announce that Element 2 is embarking on a journey to revolutionize the hydrogen refueling infrastructure across the UK, and we want YOU to be a part of our mission! 🌍 As we push forward with our ambitious plans to make hydrogen fuel accessible for all, we've launched a crowdfunding campaign on Seedrs, and we're inviting our community to invest in a sustainable future. This is your chance to join us in accelerating the transition to clean energy and making a significant impact on reducing carbon emissions. 🌟 Why Invest in Element 2? - Be part of the green energy revolution. - Help us expand our hydrogen refueling network across the UK. - Invest in a sustainable future and contribute to combating climate change. Your support can help us drive the change towards a cleaner, greener, and more sustainable world. Whether you're a seasoned investor or looking to make your first investment in sustainability, every contribution brings us closer to our goal. 🔗 Ready to make a difference? Learn more and join our campaign at https://lnkd.in/ebM73c34 Let's fuel the future together! 💪 #InvestInElement2 #HydrogenFuel #GreenEnergy #Crowdfunding #SustainableInvesting