Eranovum has received a €26.5 million ($27.5 million) capital injection from Keystone, an international investment fund specializing in the infrastructure and energy sector, to create one of the largest electric-vehicle charging networks in Spain.
The transaction will be carried out in two tranches, the first of which has already been closed for €11.5 million ($11.94 million). By means of this transaction, the international fund has acquired a 30 percent stake in the share capital of Eranovum e-mobility, the electric-mobility subsidiary of the Eranovum Group. The second part of the investment is scheduled for the end of 2023 and will increase Keystone's ownership stake in the subsidiary to 49 percent, with an injection of an additional €15 million ($15.58 million), bringing the total investment to €26.5 million ($27.52 million).
"The strategic alliance with Keystone will serve to boost Eranovum's sustainable mobility business at a time of particular turmoil in