Be Power has chosen the international structure of Eptalex to finalize the important financial transaction just ended with the disbursement of a total of 14 million Euros
Milan, 7 October 2020 – The Be Power Group, the leader in Italy in electric vehicle charging infrastructure, was assisted by the international study Eptalex – Garzia Gasperi & Partners in the structuring and granting of a financial transaction, under the measures provided by the Liquidity Decree.
Through this operation, the Be Power Group will give even greater impetus to a project of fundamental importance for our country: an ambitious plan to develop a charging network for public and accessible electric vehicles, in support of sustainable mobility throughout the country.
The 6-year loan is a total Euro of 14 million euros, of which 8.5 million are assisted by SACE Guarantee and 5.5 million provided by the Central Guarantee Fund.
Be Power is a company that in 2019 reached a turnover of 62.4 million. It operates through the company Be Charge in the field of electric mobility and through the company 4 Energy in the energy trading and demand response sector; it is controlled in the majority by Zouk Capital, the UK-based infrastructure and private equity fund manager specializing in investments in the sustainable economy, and in the minority by a vehicle controlled by the Anglo-American fund Aretex Capital Partners, Synergo SGR and Three Hills Capital Partner.
Eptalex – Garzia Gasperi & Partners, a boutique of interdisciplinary excellence, is part of an international structure, with offices in Italy (Milan and Rome), the United Arab Emirates (Abu Dhabi and Dubai), Lebanon (Beirut) and Singapore.
Be Power is a digital utility set up with the aim of being protagonist of the radical transformation in the energy sector by bringing together, through innovative management of digital flows, the field of energy with mobility. Be Power, through its subsidiaries Be Charge and 4energia, operates in charging services for electric vehicles, owning a nationwide public charging infrastructure, and in flexibility services to the national grid by aggregating distributed energy resources (energy producers and consumers).The Group works on new market segments and targets new categories of customers, such as electric drivers and potential energy flexibility providers, offering new solutions, with focus on Demand/Response and Vehicle to Grid.
Be Charge, a company of the Be Power S.p.A. Group, is dedicated to the building of a recharging infrastructure for electric mobility. Be Charge is developing one of the largest and most widespread public recharging infrastructure networks for electric vehicles in Italy in order to make a key contribution to the development of a sustainability mobility system. Thanks to an entirely internally developed and technically advanced platform Be Charge is able to provide an efficient recharging service to all electric vehicle owners with the possibility of recharging throughout the country. As part of the business chain Be Charge acts as both operator and owner of the recharging infrastructure network (CPO – Charge Point Operator) and as provider of recharging and electric mobility services which interface with electric vehicle users (EMSP – Electric Mobility Service Provider). All charging stations are smart and user-friendly, monitored 24 hours a day by a help desk and accessible via the BeCharge application for mobile devices. The BeCharge network consists of Quick alternating current charging stations (up to 22 kW) and Fast (up to 150 kW) and HyperCharge (over 150 kW) direct current stations. As part of its business plan Be Charge envisages installing around 30 thousand recharge points over the next few years, supplying 100% green energy produced from renewable sources.
Eptalex – Garzia Gasperi & Partners
Eptalex – Garzia Gasperi & Partners S.t.p. S.r.l. is the Italian headquarters of an international professional firm, with offices, as well as in Italy, also in the United Arab Emirates, Lebanon and Singapore and with twenty years of relations with leading foreign studios in complex countries such as India. In addition to the traditional services that every law and tax firm provides, Eptalex wants to set itself as a benchmark for companies to assist their new needs, such as internationalization, corporate compliance, including export rules and international sanctions, technological innovation, new cross-border tax regulation and wealth planning. Eptalex’s originality lies not only in the services it offers, but also in the way it relates to customers and their needs, integrating collaborative approach to business, international experience and local expertise.