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SUSTAINABLE MOBILITY

The European Commission selects Be Charge to build one of the largest high-speed charging networks in Europe

Cassa Depositi e Prestiti acted as the European Commission's implementing partner for Italy, confirming its role as a facilitator of access to European resources and development opportunities and as a lender in support of sustainable infrastructure development projects

Milan, 28 September 2022 - The European Climate, Infrastructure and Environment Executive Agency (CINEA), which manages the European Commission's programmes for decarbonization and sustainable growth, has selected a project by Be Charge, a subsidiary of Plenitude (Eni), to build one of the largest high-speed charging networks in Europe. One of the Company’s main goals is to build one of the largest high-power infrastructure projects along key European transport corridors (TEN-T), parking areas and major urban centres by 2025, across eight countries: Italy, Spain, France, Austria, Germany, Portugal, Slovenia and Greece.

The project has been selected under the Connecting Europe Facility, a European Union funding programme and specifically under the Alternative fuels infrastructure facility in support of European transport infrastructure, which covers electric vehicle charging and hydrogen, among other solutions.

Cassa Depositi e Prestiti (CDP) acted as the European Commission's implementing partner for Italy, confirming its role as a facilitator in accessing European programmes and resources for Italian companies and as a lender in support of the development of transport infrastructure and sustainable mobility.

The European Commission awarded a non-repayable grant to 24 European projects. This award will contribute to build an environmentally sustainable transport network.

Plenitude CEO Stefano Goberti said: “This important contribution granted by the EU, alongside Cassa Depositi e Prestiti, is a highly prestigious achievement for our company and will benefit both Italy and Europe. It is fully in line with Be Charge's strategic plan to develop a European high-power charging network for electric vehicles that connects the continent's main routes and urban centres”.

Eni SpA and CDP SpA are related parties. This agreement may be the subject of subsequent binding agreements to be defined by the parties in compliance with applicable regulations, including those concerning transactions between related parties.

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