Statkraft Buys German EV Charging Provider E-Wald

File Photo Of Car Sharing Infrastruture. Image by andreas160578 from Pixabay
File Photo Of Car Sharing Infrastruture. Image by andreas160578 from Pixabay

The Norwegian utility Stakraft has acquired the electric vehicle charging company E-Wald GmbH. The acquisition is to strengthens Statkraft’s position in the German and European charging market and follows similar deals made earlier this year.

The Bavarian company E-Wald offers charging and leasing services in Germany. The network includes around 300 charging stations and leasing services for about 100 fleet cars to corporations and municipalities in the country with approx. 7,000 customers in total, according to the press release announcing the sale.

Statkraft has acquired the entire shareholding and considers E-Wald well positioned in the fast-charging market and having an “ambitious growth strategy,” says Bjørn Holsen, Senior Vice President for New Business in Statkraft.

The energy company intends to “grow a leading EV charging business in key growth markets in Europe” and to do so “in partnership with leading start-ups positioned for growth,” states the accompanying release.

In Norway, this strategy has so seen the acquisition of Grønn Kontakt. Also, in Germany, E-Wald is not the first business that has been taken over. Statkraft has also bought eeMobility, a firm based in Munich that provides charging solutions for company car fleets.

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