GreenWay welcomes new capital from Mirova, a leading investor in energy transition infrastructure
GreenWay, a pioneering company in the electric vehicle charging industry, is pleased to announce a significant new investment from Mirova, an affiliate of Natixis Investment Managers, dedicated to sustainable investing. With an equity investment of more than 50 million euros, Mirova will become the largest shareholder in GreenWay Holding. Mirova’s decision underscores their confidence in GreenWay’s long-term vision and strategic direction.
"Securing an investment from Mirova is a testament to our business model and a recognition of the team that we have built since the establishment of the company in 2011," said Peter Badík, founder and Chairman of the management board at GreenWay.
Although the development of electromobility in Europe slowed down in 2024, the underlying technological and market trends provide strong support for a positive, long-term outlook for the electric vehicle (EV) charging industry.
In this context, GreenWay sought to team up with an investor who could provide strong, long-term support to consolidate the company’s position as a leader in Central Europe.
Through its energy transition infrastructure expertise, Mirova aims to empower institutional clients by offering long-term value creation opportunities while supporting the decarbonization of developed economies. With over 20 years of experience in energy transition funds, its investment team combines industry expertise with rigorous ESG analysis and demonstrated knowledge in the EV charging sector. Together with GreenWay, they share the conviction that the electrification of transportation is a key pillar of the energy transition and recognize that strong fundamentals underpin the EV industry and offer promising long-term perspectives for the EV charging sector.
GreenWay is Mirova’s fifth investment in the low-carbon mobility sector, following Driveco, Zunder, JET Charge and NEoT Green Mobility, thus underlying their deep understanding of the sector.
“We are pleased to be partnering with GreenWay to support the shift to low-carbon mobility in Central Europe. GreenWay’s solid track record and history align well with our strategy to support leading pure players with demonstrated operational excellence and a deep market understanding," said Witold Marais, Investment Director at Mirova.
“Management, with the strong support of all shareholders, will continue in the execution of GreenWay’s strategy in our three core markets. We will do our best to make sure that the transition to EVs continues in our region. This will be our humble contribution to the European industrial policy of energy transition, which is the best way to keep Europe independent, strong and free,” noted Chairman Badik.
“Support from Mirova will enable GreenWay to continue its ambitious plans to expand the charging network in the CEE region and provide the highest quality of services. Additionally, it serves as an impulse for further improvements in GreenWay's operations, aimed at building the potential for continued growth. Personally, it is a great satisfaction to see that many years of hard work by the entire GreenWay team are leading to the acquisition of a new and strong investor, despite challenging market conditions,” said GreenWay’s CEO Rafał Czyżewski.
Mirova will join a well-diversified shareholder base. Existing shareholders include Janom Investment, Generation Capital, Helios Energy Investment Funds, Neulogy Ventures, the founder and management. Mirova representatives will join other shareholders on the Supervisory board upon the completion of the transaction. Rafał Czyżewski, who led Polish operation, will become the group CEO responsible for operation of the whole GreenWay group and together with Lukasz Gaffling in the position of CFO will form the Management Board, led by founder and Chairman of Management Board, Peter Badik.
GreenWay had Rothschild & Co as exclusive financial advisor, AKF Legal, WKB, Wozniak Legal and Athena Legal as legal advisors, and Deloitte for vendor due diligence.
The information provided reflects the opinions of GreenWay and Mirova regarding the situation as of the date of this document and may be modified without notice.
ABOUT GREENWAY HOLDING
GreenWay Holding, comprising GreenWay Infrastructure (Slovakia), GreenWay Polska (Poland), and GreenWay Hrvatska (Croatia), provides comprehensive electric vehicle charging solutions and is a market leader in Central and Eastern Europe. Founded in 2011, the company's mission is to popularize electric vehicles with the aim of making Central and Eastern Europe cleaner, healthier, and less dependent on oil.
As an operator of charging infrastructure (CPO), GreenWay manages a network of nearly 4,500 charging connectors at more than 1,300 locations, most of which are fast-charging stations with outputs over 50 kW. As an e-mobility services provider (eMSP), GreenWay serves nearly 130,000 electric vehicle drivers in its own network and offers access to thousands of charging points across Europe through roaming partnerships. GreenWay also offers comprehensive services to third parties interested in operating charging stations or transitioning their fleets to electric, including installation, configuration, maintenance, and management of charging points. GW drivers have already traveled 115 million kilometers and saved 15 thousand tonnes of CO₂ emissions that would have been generated by combustion engine vehicles.
GreenWay is an active member of ChargeUp Europe, the Polish New Mobility Association (PSNM), the Slovak Electric Vehicle Association (SEVA), the Croatian Chamber of Commerce Emobility Working Group, and the Central & Eastern European Green Transport Initiative.
ABOUT MIROVA
Mirova is a global asset management company dedicated to sustainable investing and an affiliate of Natixis Investment Managers. At the forefront of sustainable finance for over a decade, Mirova has been developing innovative investment solutions across all asset classes, aiming to combine long term value creation with positive environmental and social impact. Headquartered in Paris, Mirova offers a broad range of equity, fixed income, multi-asset, energy transition infrastructure, natural capital and private equity solutions designed for institutional investors, distribution platforms and retail investors in Europe, North America, and Asia-Pacific. Mirova has been active in the energy transition infrastructure sector for 20 years and has financed more than 1,000 projects for a total of over 7.7 GW of potential generation capacity across 49 countries. Mirova and its affiliates had €32 billion in assets under management, of which €4,2 billion for energy transition infrastructure investments as of December 31, 2024. Mirova is mission-driven company, labeled B Corp*.
*References to a ranking, award or label have no bearing on the future performance of any fund or manager.
MIROVA ENERGY TRANSITION 6 (MET6) is a French limited partnership (Société de Libre Partenariat), open to new subscription. Mirova is the management company. The supervisory authority approval is not required for this fund. The fund is exposed to: capital loss risk, market risks, industrial and public counterparty risk, credit risk, liquidity risk, project risk, operational risk, compliance risk, legal and regulatory risk, financial risk, electricity transmission and distribution network risk, valuation risk, deal flow risk, sustainability risk. The fund regulation is the source of information on this fund. It contains important information about its investment objectives, its strategies to achieve those objectives, and the main risks associated with any investment in that fund. It also contains information on commissions, fees and historical performance of the fund. The information presented above is neither a contractual document nor intended to be an investment advice. Access to the products presented here may be restricted to some persons or in some countries. This fund benefits from support from the European Union under the InvestEU Fund.
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Mirova is an affiliate of Natixis Investment Managers.
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About Natixis Investment Managers
Natixis Investment Managers’ multi-affiliate approach connects clients to the independent thinking and focused expertise of more than 15 active managers. Ranked among the world’s largest asset managers1 with more than $1.3 trillion assets under management2 (€1.3 trillion), Natixis Investment Managers delivers a diverse range of solutions across asset classes, styles, and vehicles, including innovative environmental, social, and governance (ESG) strategies and products dedicated to advancing sustainable finance. The firm partners with clients in order to understand their unique needs and provide insights and investment solutions tailored to their long-term goals. Headquartered in Paris and Boston, Natixis Investment Managers is part of the Global Financial Services division of Groupe BPCE, the second-largest banking group in France through the Banque Populaire and Caisse d’Epargne retail networks. Not all offerings are available in all jurisdictions. For additional information, please visit Natixis Investment Managers’ website at im.natixis.com | LinkedIn: linkedin.com/company/natixis-investment-managers. Natixis Investment Managers’ distribution and service groups include Natixis Distribution, LLC, a limited purpose broker-dealer and the distributor of various US registered investment companies for which advisory services are provided by affiliated firms of Natixis Investment Managers, Natixis Investment Managers S.A. (Luxembourg), Natixis Investment Managers International (France), and their affiliated distribution and service entities in Europe and Asia.
1 Survey respondents ranked by Investment & Pensions Europe/Top 500 Asset Managers 2024 ranked Natixis Investment Managers as the 19th largest asset manager in the world based on assets under management as of December 31, 2023.
2 Assets under management (AUM) of current affiliated entities measured as of December 31, 2024, are $1,363.7 billion (€1,316.9 billion). AUM, as reported, may include notional assets, assets serviced, gross assets, assets of minority-owned affiliated entities and other types of nonregulatory AUM managed or serviced by firms affiliated with Natixis Investment Managers.
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Natixis Investment Managers is a subsidiary of Natixis.
