NEoT Green Mobility raises €60 million for zero-emission mobility financing
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NEoT Green Mobility (NGM), based in Paris and dedicated to financing zero-emission mobility projects, has announced securing an additional €60M from its key investors, Mirova, 3i Group plc, Banque des Territoires, and EDF Pulse Ventures, a historical shareholder.
This new investment brings NGM’s total funding to €160M, allowing the platform to support more zero-emission mobility projects.
Witold Marais, Investment Director at Mirova, says, “We are pleased to be providing additional funding to NGM. The platform has been developing new, innovative financing solutions for green mobility operators across Europe and is geared for future growth.”
“The decarbonisation of transportation needs to accelerate, and NGM financing solutions are making it easier for operators to electrify their asset base.”
NGM manages or deploys assets totaling over €200M, primarily in France, the UK, and Scandinavia. NGM’s expansion plans include extending operations across Western, Central, Eastern, and Northern Europe.
With the recent investment, NGM aims to grow its asset base to €500M by 2025.
The firm seeks to establish itself as a leading financing partner for e-mobility operators and local authorities seeking to transition to electric fleets or infrastructure.
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