*To further support the deployment of its growing network of high-performance truck dedicated charging hubs across Europe
The facility was provided by a consortium of partners including funds managed by Edmond de Rothschild Asset Management’s infrastructure debt platform (BRIDGE), Íslandsbanki, Invest-NL, and Invest International. Íslandsbanki and Universal Investment, AIFM of an additional lender, were also advised by Edmond de Rothschild Asset Management. This operation benefits from support from the European Union under the InvestEU Fund.
Marking a major milestone for Milence the facility represents the company’s first access to the broader capital markets, and complements the initial €500 million equity investment from the founding shareholders. The proceeds of the facility will be used to further facilitate Milence’s mission to enable zero-emission road freight, highlighting strong market momentum and accelerating investment in scalable, economically viable public charging infrastructure for electric trucks. The transaction is expected to close in the third quarter of 2026, subject to the satisfaction of all closing conditions.
Accelerating infrastructure rollout
Milence has already made substantial progress to its mission, currently operating 34 charging hubs across eight European countries. An additional 16 hubs are in various stages of development, with a total of 90 expected to be operational by the end of 2028. This growing footprint contributes to the foundation for long-haul electric transport and positions the company as a leading player in the sector.
Across Europe, the rollout of public charging infrastructure is advancing rapidly, with nearly 1,800 truck-suitable charging points now available along major freight corridors.
Milence will continue to ramp up hub deployment in the coming years, supporting the decarbonisation of road transport and contributing to European climate targets.
Strong backing from financing partners
Milence was able to succeed in securing a consortium representing a diverse set of financial institutions with deep expertise in infrastructure and energy transition financing. The facility provides Milence with flexible and scalable funding to support its capital-intensive rollout strategy.
“Securing this €120 million facility marks an important step in scaling our network across Europe and reflects strong momentum in the market. Electric road freight is not only central to decarbonising transport, but also a key pillar of Europe’s energy transition and independence, reducing reliance on imported fossil fuels while strengthening resilience and competitiveness. The technology is ready, the business case is emerging, and with continued momentum and policy support, we can scale this transition across Europe.” Anja van Niersen, Chief Executive Officer of Milence
Driving the transition to zero-emission logistics
As customer demand for sustainable logistics intensifies, the need for dedicated, high-capacity charging solutions for trucks is rapidly increasing. While meaningful progress has been made, deployment remains uneven, highlighting the need for continued acceleration supported by targeted financing and streamlined permitting processes. Further infrastructure expansion will be critical to enable large-scale electrification of heavy-duty transport.
Milence is focused on delivering reliable, high-quality charging experiences for fleet operators, helping to remove key barriers to EV adoption in the heavy-duty segment. The company’s network supports both long-haul and regional transport, with hubs strategically located along major transport routes and equipped with advanced charging technology tailored to heavy-duty vehicles. By leading the deployment of Megawatt Charging System (MCS) technology across three major hubs and advancing the first MCS corridor, Milence is ahead of the market ensuring the right infrastructure is in place as demand scales.