Statkraft acquires German charging hub supplier

The Norwegian utility continues investing in electric car infrastructure by acquiring a German company holding 300 charging hubs.

Photo: Fabian Sponheimer/E-WALD GmbH

Norwegian state-owned utility Statkraft raises its ambitions in electric vehicles (EV) outside the country. Thus, the utility announces its acquisition of German supplier E-Wald, which besides operating about 300 charging hubs has a smaller leasing business for companies and state authorities with a fleet of around 100 electric cars.

"E-Wald is well placed for growth within fast charging in Germany, and we look forward to build the company further and support its ambitious growth strategy," says Bjørn Holsen, senior vice president for new business at Statkraft.

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