The European Investment Bank (EIB) is providing up to €17.5 million in long-term venture debt financing to Joltie SA, a Greek electric vehicle charging operator, to accelerate the rollout of public charging infrastructure in Greece and Cyprus.
The deal, supported by the InvestEU program, will fund the installation of around 2,200 new charging points by 2029, expanding access to reliable charging infrastructure in cohesion regions.
The project supports EU climate goals by decarbonizing road transport, reducing greenhouse gas emissions, and facilitating the transition to sustainable mobility. It aligns with the InvestEU policy objective of “Future Mobility”, the EIB’s Climate Bank Roadmap, and its Transport Lending Policy.
The investment aims to accelerate EV uptake and foster innovation in sustainable transport, while addressing market gaps. It supports EIB priorities on Climate Action, Cohesion, and Capital Market Union, and is consistent with the TechEU initiative.
