Transportation

EV charging station provider Jolt Energy secures $163M

Photo provided by Jolt Energy.

May 16, 2023

Jolt Energy, a Dublin- and Munich-based provider of EV charging stations in urban areas, recently completed a financing round with InfraRed Capital Partners, a leading international infrastructure investment company, according to a press release.

InfraRed has invested €150 million ($163.23 million) to support Jolt's plans to install thousands of fast-charging stations in European and North American cities.

The company offers charging solutions with up to 320-kilowatt power.