European electric vehicle charging operator Qwello announced on 26 October 2026 that it had secured up to €55 million in growth equity from ABN AMRO Sustainable Impact Fund and existing shareholders, including Tiger Infrastructure Partners. The company plans to use the capital to expand its public charging network across European cities and pursue selected acquisitions.
Up to €55 million in equity for public EV chargers
The funding was announced by Qwello in Munich and Amsterdam. ABN AMRO Sustainable Impact Fund said its investment represents up to €25 million, alongside further investment from Tiger Infrastructure Partners and other existing shareholders. The overall amount of up to €55 million is growth equity, rather than a reported public subsidy or an amount already spent on charging-station construction.
Qwello said the funds will strengthen its financial position as it continues building, financing, installing and operating charging infrastructure in partnership with municipalities.
More than 19,500 charging points in eight countries
According to Qwello, its network currently comprises more than 19,500 public EV charging points across more than 800 municipalities. Its eight operating markets are Denmark, France, Germany, the Netherlands, Poland, Sweden, Spain and the United Kingdom.
The company concentrates on urban streets and residential districts, where drivers may require public charging facilities near their homes. Qwello said its network operates on electricity sourced entirely from renewable energy. It also reported that network operations avoided more than 28,000 tonnes of carbon dioxide in the previous year, based on the company’s own assessment.
Dutch acquisition adds more than 1,400 charging points
The financing announcement follows Qwello’s acquisition of a majority stake in the Dutch charging infrastructure business Groen-Eco. The partnership expands Qwello’s presence in business-to-business and destination charging, adding a portfolio of more than 1,400 charging points at approximately 230 locations in the Netherlands.
Qwello previously acquired and integrated the Dutch operator Park & Charge, which became Qwello Netherlands in 2026. The company also reports additional asset acquisitions in Poland and Sweden. It plans to combine the expansion of its existing network with further acquisitions where suitable businesses can be incorporated into its operating platform.
Municipal charging infrastructure expansion
Qwello said it intends to expand its public charging footprint considerably over the coming decade. Under its municipal operating model, it finances and maintains street-based charging infrastructure in cooperation with local authorities rather than relying solely on property owners to install private home chargers.
Its existing work includes a contract connected with the MRA-E programme in the Netherlands for up to 1,000 charging points in municipal parking garages in North Holland. Qwello said these investments support its wider charging network across densely populated European markets.
The funding announcement does not specify the number of additional charging points that will be installed using the new capital, nor does it provide an opening date for individual future charging sites.
