Elaway

Carnegie Investment Bank is proud to have acted as sole financial advisor to Elaway in the capital raise from SUSI Partners.

Elaway, one of Norway’s largest and fastest growing players in electric car charging for housing associations, has entered into an investment agreement with SUSI Partners, a Swiss fund manager specialised in sustainable energy infrastructure investments. The agreement secures Elaway a substantial capital injection for further growth in Europe.

Elaway provides charging solutions for electric vehicles in housing communities and has since the start in 2019 grown to become one of the leading charge point operators in Norway, the world’s most advanced market for electric vehicles. It has since expanded to Sweden and Germany and has European ambitions. The company offers installation and operations of infrastructure and chargers. Elaway currently has more than 1,100 charging facilities, more than 75,000 parking spaces and more than 10,000 active chargers in its portfolio.

Carnegie congratulates the entire Elaway team and the existing shareholders Eviny and Hafslund with the successful transaction. We thank you for the vote of confidence and look forward to following Elaway on its exciting growth journey.

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