Statkraft acquires E-WALD

Statkraft acquires E-WALD

Teisnach/Düsseldorf, 23. August 2019. Statkraft, Europe’s largest producer of renewable energy and the German system provider for electromobility in public and private spaces, announced today that Statkraft will hold 100% of the shares in the Bavarian e-mobility specialist E-WALD acquires. The acquisition strengthens the position of the Norwegian energy company in the German and European e-mobility market. Statkraft had already acquired the majority stake in eeMobility last year.

The e-mobility specialist E-WALD GmbH, based in Bavaria, is a Germany-wide provider of charging stations and car sharing for electric vehicles. The company operates around 300 charging stations and offers companies and municipalities with a total of more than 7,000 customers services relating to e-car sharing, fleet management and the operation of charging infrastructure for electric cars.

The takeover of E-WALD strengthens Statkraft’s position in the field of electromobility in Germany and complements last year’s investment in eeMobility, a provider of charging solutions for company fleets.

“In our view, E-WALD has good prerequisites to continue growing in Germany in the area of ​​e-mobility. We look forward to supporting the E-WALD team in their ambitious growth plans, “said Bjørn Holsen, Senior Vice President for New Business at Statkraft.” The company complements our existing portfolio in Germany very well and strengthens our growth goals in German E Mobility market. ”

In the course of the transaction, the company headquarters of E-WALD in Teisnach as well as the entire team will be retained. The E-WALD brand, which is established throughout Germany, will also continue as before. Managing Director of E-WALD GmbH, Otto Loserth says: “This acquisition is an important and logical step for the development of E-WALD GmbH from a regional project company into a nationwide company. With Statkraft we have an experienced and financially strong partner who supports us in further growth and appreciates the cooperation with the predominantly municipal founding partners of the region. ”

Statkraft is striving to become a leading e-mobility provider in selected growth markets in Europe. Thanks to its long-standing participation in the Norwegian charging station operator Grønn Kontakt in a market with the highest proportion of electric vehicles in the world, Statkraft feels well equipped to bring its expertise and experience to other European markets in the form of partnerships with leading start-ups.

Both companies have agreed not to disclose details of the transaction.

About Statkraft:
Statkraft is an international leader in hydropower and Europe’s largest producer of renewable energy. The group generates electricity from water, wind, sun and gas, supplies district heating and is a major player in energy trading worldwide. Statkraft employs 3,600 people in 16 countries.

Contact person:
Anne Joeken, Communication, Statkraft Markets GmbH,
Tel. +49 211 60244-107 | Mob. Tel. +49 163 9611404 |

Judith Tranninger, Communication, Statkraft Markets GmbH,
Tel. +49 211 60244-166 | Mob. Tel. +49 163 9120014 |

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About E-WALD
E-WALD is one of Germany’s leading system providers of electromobility in public and private spaces. The company was founded in Teisnach, Lower Bavaria, as part of the research project “Model Region Electromobility” of the Deggendorf University of Applied Sciences in 2012. What started as the largest demonstration project for electromobility in Germany has become an integral part of Bavaria and has developed into a success story with notable recognition in whole Germany. In the meantime, there are public eCarsharing locations in more than eight federal states and more than 7,000 customers who integrate the E-WALD mobility offers into their everyday life.

Contact person:
Lorenz Schagemann, Marketing, E-WALD GmbH,
Tel. +49 9923 80108 310 |

Michael Achatz, Marketing, E-WALD GmbH,
Tel. +49 9923 80108 408 |

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