GreenWay secures €138 million to expand EV charging network in Central and Eastern Europe

GreenWay, a leading operator of electric vehicle charging infrastructure in Central and Eastern Europe, has secured €138 million from a consortium of banks to expand its network across Poland, Slovakia, Croatia and other markets in the region. The financing will be used to strengthen the company’s market position and develop its offering for growing numbers of EV drivers.


The consortium includes Crédit Mutuel Arkéa, the European Bank for Reconstruction and Development with support from the InvestEU programme, ING Bank Śląski and mBank, which also serves as security agent and green loan coordinator. The total transaction structure comprises a refinancing line, a CAPEX investment line and a working capital line worth €113 million, plus an additional non-binding accordion of €25 million. The green loan classification reflects the environmental benefits of the project, which directly supports the reduction of transport emissions in the region.

With this latest round, GreenWay has now raised up to €258 million for electromobility development in Central and Eastern Europe. Previous backing came from infrastructure funds Generation Capital, Helios Energy Investments and Mirova, as well as early-stage investors Janom Investments and Neulogy Ventures. The company has also secured support from EU programmes and national environmental funds over the past decade.

Financing structure and strategic backing

GreenWay was the first company in the region to receive funding from the Connecting Europe Facility and the Alternative Fuels Infrastructure Facility for public charging infrastructure. It secured this support in Slovakia in 2013 and in Poland in 2016. The company was also the first regional firm to obtain InnovFin distinction and financing from the European Investment Bank in 2018, and has been a beneficiary of support programmes from Poland’s National Fund for Environmental Protection and Water Management.

– This funding is a strong vote of confidence in our strategy and the potential of the Central and Eastern European EV market – said a GreenWay representative. – We are committed to building a reliable and accessible charging network that meets the needs of drivers across the region.

Accelerating adoption across the region

The European EV market grew by 19% in January and February 2026 compared to the same period last year. In Poland, the battery electric vehicle fleet reached 147,000 units in April 2026, a 62% increase year-on-year. In Slovakia, the number of BEVs rose by approximately 68% to nearly 28,500 vehicles. The current geopolitical situation is expected to further accelerate this trend, as energy security concerns drive interest in domestic electricity sources over imported fossil fuels.

GreenWay currently operates 5,800 charging points at more than 1,680 locations and holds a market share exceeding 90% among registered EV users on each of its key markets. The company expects the new financing to help maintain this leading position as competition in the region intensifies. The funds will also support the development of ultra-fast charging technology along major transport corridors.

Source: WNP.PL, Photo: GreenWay press materials

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