Regulatory News:
Atlante, the company of NHOA Group (NHOA.PA, formerly Engie EPS)
dedicated to fast and ultra-fast charging network for electric
vehicles (“EV”), has been selected once more for support by
the European Union under CEF 2 Transport – Alternative Fuel
Infrastructure Facility (“AFIF”), the funding programme
supporting European transport infrastructure, with the award of a
€49.9 million grant.
In 2022 under the same European programme, second cut-off,
Atlante had been awarded with €23 million and this time, under the
fourth cut-off, Atlante has been awarded with an additional €49.9
million funding, totaling c. €73 million of funding. The selection
has been approved by the EU Member States and the European Climate,
Infrastructure and Environment Executive Agency (CINEA) has started
the preparation of the grant agreements with the project
beneficiaries, including Atlante.
Atlante had submitted the project, code-named Atlante4All, for
the overall installation of over 1,800 parking slots, with over
1,000 fastchargers in 407 EV stations, of which 153 located in
Italy, 126 in France, 95 in Spain and 33 in Portugal. The
Atlante4All project will also benefit from the financial support of
France’s Groupe Caisse des Dépôts (“CDC”), which through its
Banque des Territoires will provide additional funding for
approximately €20 million1.
Creating a capillary spread fast and ultra-fast charging network
in Europe is essential to support electric mobility, allowing EV
drivers to charge their vehicles easily everywhere, in a matter of
minutes rather than hours. Atlante’s mission is to empower people
to move freely while enjoying a better and more sustainable future,
in harmony with our planet and in a context in which road
transportation contributes to 70% of European transportation
emissions and EU itself aims at reducing them by 90% by 2050, it is
urgent to foster the transition to alternative, lower-carbon
energy.
The fastcharging stations will be situated along the
trans-European transport road network (TEN-T), on safe parkings and
in urban nodes. All stations will be powered by 100% renewable
energy and will be all modular and designed either with or ready
for on-site battery storage, to manage peak charging hours, and
on-site or off-site solar energy production. Once fully developed,
all points of charge will be fully integrated with National grids,
creating one of the largest Virtual Power Plants globally.
Consistently with the Amendment to the 2022 Universal
Registration Document (filed under number D. 23-0366-A01 on August
28, 2023, sections 3.3.2 and 11.3), these €49.9 million from the
European Union and the €20 million from CDC contribute towards the
realization of one of the assumptions of the funding plan for
Atlante’s objective of 22,000 points of charge by 2030, namely 30%
of the annual Capex to be funded via public grants and funding
programs.
“Building on the €23 million grant that we secured in 2022, with
this additional €50 million award by the European Union supporting
the installation of more than 1,800 points of charge, it's now
clearer than ever that Atlante is actively shaping the European
energy transition. I am proud of Atlante team in our four countries
for the amazing job done and extremely grateful towards France’s
CDC for supporting this ambitious project with additional €20
million. Finally, I would like to thank the EU’s CEF and CINEA
professionals for once again recognizing the value of Atlante’s
multi-country and technology advanced proposal: the grants provided
will help us develop stations across Southern Europe much earlier.
This is the essence of the CEF 2 Transport – AFIF program: allowing
the private sector to accelerate investments in the charging
infrastructure which is a prerequisite for the mass adoption of
zero-emission driving. The EU and the whole world should sprint—not
just run—towards a more sustainable mobility. We could not be
prouder of the recognition of Atlante, and we're more determined
than ever to rise and to accept the challenge providing the next
generations with a better world, one fastcharger at a time”,
commented Stefano Terranova, CEO of Atlante.
All the Atlante EV fastcharging stations will be accessible to
people with reduced mobility, open 24/7 to all electric vehicles
and compatible with every charging standard and service provider
for electric mobility.
NHOA Group
NHOA S.A. (formerly Engie EPS), global player in energy storage,
e-mobility and EV fast and ultra-fast charging infrastructure,
develops technologies enabling the transition towards clean energy
and sustainable mobility, shaping the future of a next generation
living in harmony with our planet.
Listed on Euronext Paris regulated market (NHOA.PA), NHOA forms
part of the CAC® Mid & Small and CAC® All-Tradable financial
indices.
NHOA, with offices in France, Spain, United States, Taiwan and
Australia, maintains entirely in Italy research, development and
production of its technologies. For further information, go to
www.nhoa.energy.
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Atlante
Atlante is a company of NHOA Group (NHOA.PA, formerly Engie
EPS), global player in energy storage and e-mobility, which
develops technologies enabling the transition towards clean energy
and sustainable mobility, shaping the future of a next generation
living in harmony with our planet.
Atlante is developing the largest fast and ultra-fast charging
network in Southern Europe, 100% enabled by renewables, energy
storage and vehicle-grid-integrated (VGI). It aims to install in
Italy, France, Spain and Portugal 5,000 fast and ultra-fast points
of charge by 2025, and over 35,000 by 2030.
Operating since October 2021, Atlante has today more than 1,200
charging points online in its four countries with thousands more
under construction and development. Leveraging on the technological
heritage of the NHOA Group, including via collaboration with its
sister company Free2move eSolutions, Atlante is a preferential
network of the Stellantis automotive group and its customers.
Atlante stations are fully interoperable and can be accessed by
virtually any e-mobility app or charging card, and by any make and
model of electric vehicles.
For further information, go to www.atlante.energy.
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___________________________ 1 The provision of funding by CDC
remains subject to finalization of transaction agreements.
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version on businesswire.com: https://www.businesswire.com/news/home/20230911634211/en/
Press Office Atlante: Davide D’Amico, PressMediaLab, +39
335 7715011, +39 011 7732952 –106, atlante@pressmedialab.com
Press Office NHOA Group: Claudia Caracausi and Davide
Bruzzese, Image Building, +39 02 89011300, nhoa@imagebuilding.it
Financial Communication and Institutional Relations: Chiara
Cerri, +39 337 1484534, media.relations@nhoa.energy
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