- The signing of the facility agreement with a consortium of international arrangers represents a significant milestone for Milence, underscoring its successful entry into the broader capital markets.
- With 34 charging hubs across eight European countries, Milence operates the largest public charging network for heavy-duty transport and continues to expand.
- The additional funds will support the next phase of the pan-European infrastructure rollout, including new hub deployment, expansion of existing sites, and the rollout of high-performance Megawatt Charging System (MCS).
Amsterdam, Netherlands – May 6, 2026 – Milence, the joint venture between Daimler Truck, TRATON GROUP and Volvo Group, has successfully signed a €120 million financing facility to further support the deployment of its growing network of high-performance truck dedicated charging hubs across Europe.
The facility was provided by a consortium of partners including funds managed by Edmond de Rothschild Asset Management’s infrastructure debt platform (BRIDGE), Íslandsbanki, Invest-NL, and Invest International. Íslandsbanki and Universal Investment, AIFM of an additional lender, were also advised by Edmond de Rothschild Asset Management. This operation benefits from support from the European Union under the InvestEU Fund.
Marking a major milestone for Milence the facility represents the company’s first access to the broader capital markets, and complements the initial €500 million equity investment from the founding shareholders. The proceeds of the facility will be used to further facilitate Milence’s mission to enable zero-emission road freight, highlighting strong market momentum and accelerating investment in scalable, economically viable public charging infrastructure for electric trucks. The transaction is expected to close in the third quarter of 2026, subject to the satisfaction of all closing conditions.
Accelerating infrastructure rollout
Milence has already made substantial progress to its mission, currently operating 34 charging hubs across eight European countries. An additional 16 hubs are in various stages of development, with a total of 90 expected to be operational by the end of 2028. This growing footprint contributes to the foundation for long-haul electric transport and positions the company as a leading player in the sector.
Across Europe, the rollout of public charging infrastructure is advancing rapidly, with nearly 1,800 truck-suitable charging points now available along major freight corridors. Milence will continue to ramp up hub deployment in the coming years, supporting the decarbonisation of road transport and contributing to European climate targets.
Strong backing from financing partners
Milence was able to succeed in securing a consortium representing a diverse set of financial institutions with deep expertise in infrastructure and energy transition financing. The facility provides Milence with flexible and scalable funding to support its capital-intensive rollout strategy.
“Securing this €120 million facility marks an important step in scaling our network across Europe and reflects strong momentum in the market. Electric road freight is not only central to decarbonising transport, but also a key pillar of Europe’s energy transition and independence, reducing reliance on imported fossil fuels while strengthening resilience and competitiveness. The technology is ready, the business case is emerging, and with continued momentum and policy support, we can scale this transition across Europe.” Anja van Niersen, Chief Executive Officer of Milence.
“The support from this strong group of international financing partners underlines confidence both in our strategy as well as in the critical role of charging infrastructure in enabling the transition to electric road freight. This financing marks the company’s first access to the broader capital markets, strengthening our position for future capital raising.” Wolfgang Brand, Chief Financial Officer of Milence, concluded.
“We are very proud to support Milence in delivering essential infrastructure that enables zero-emission transport in Europe. The Company’s strong sponsor alignment with the leading European truck OEMs and first-mover advantage in dedicated commercial truck charging make it well positioned in the accelerating electrification of heavy-duty logistics,” Shirley Chojnacki, Head of Energy at Edmond de Rothschild BRIDGE Platform and Jean-Francis Dusch, CIO of BRIDGE.
Jeroen Plag, Chief Investment Officer at Invest International, concluded: “The electrification of road freight in Europe is gaining strong market momentum. Progress at scale now depends on vehicle economics and more on the timely availability of reliable, extensive charging infrastructure able to grow with the market. Milence is addressing a structural gap in Europe’s transport system that markets have been slow to resolve on their own. For Invest International, this reflects our role in deploying capital where long‑term resilience, economic competitiveness and the energy transition intersect – including along strategically important Dutch and European trade corridors.”
Driving the transition to zero-emission logistics
As customer demand for sustainable logistics intensifies, the need for dedicated, high-capacity charging solutions for trucks is rapidly increasing. While meaningful progress has been made, deployment remains uneven, highlighting the need for continued acceleration supported by targeted financing and streamlined permitting processes. Further infrastructure expansion will be critical to enable large-scale electrification of heavy-duty transport.
Milence is focused on delivering reliable, high-quality charging experiences for fleet operators, helping to remove key barriers to EV adoption in the heavy-duty segment. The company’s network supports both long-haul and regional transport, with hubs strategically located along major transport routes and equipped with advanced charging technology tailored to heavy-duty vehicles. By leading the deployment of Megawatt Charging System (MCS) technology across three major hubs and advancing the first MCS corridor, Milence is ahead of the market ensuring the right infrastructure is in place as demand scales.
Advisory team
Milence was advised by Green Giraffe Advisory and UniCredit as financial advisors, and Houthoff acted as legal counsel. A&O Shearman acted as legal counsel to the lenders.
