ESG Transport 2025 – Ionity’s European EV charging investment

Ionity’s €600 million financing to support its investments into electric vehicle charging across Europe was chosen to win the IJGlobal ESG transport award for 2025.

Described by judges as being “high impact”, this transaction supports “an operating business financing to expand and achieve more”.

The green loan amounted to €450 million alongside an accordion facility with the option to increase the credit line by up to €150 million for future growth.

Ionity is a leading provider of ultra-fast EV charging infrastructure in Europe and this financing will support the development of more than 8,000 charging sites by 2030, significantly enhancing accessibility across the continent.

At the time, the transaction represented the largest debt raise in the ultra-fast EV charging sector, underscoring mounting investor confidence in sustainable mobility infrastructure.

As part of the broader agenda of the energy transition, the automotive industry is gradually shifting towards EVs and other sustainable fuels.

Ionity is one of the few companies developing a charging infrastructure on a pan-European level. It is unique in providing 100% renewable energy across the network, ensuring its service is fully carbon neutral.

This commitment to sustainability directly supports the EU’s climate goals and contributes to reducing greenhouse gas emissions from the transport sector.

From a financing perspective, the deal is notable for its structure: a syndicated loan involving both commercial banks and institutional investors, tailored to support long-term infrastructure development. The transaction also incorporates ESG-linked features, aligning financial incentives with sustainability performance.

This project demonstrates how legal, financial, and technological innovation can converge to accelerate the transition to sustainable mobility.