Global law firm Clifford Chance has advised GreenWay, a leading provider of electric vehicle charging infrastructure in Central and Eastern Europe, on a landmark green debt financing of up to €138 million. The financing was provided by a consortium of European financial institutions, including Crédit Mutuel Arkéa, the European Bank for Reconstruction and Development (EBRD), ING Bank Śląski, ING and mBank.
The transaction represents a significant milestone for the sector and is among the first debt financings of a pure‑play EV charging operator in Central and Eastern Europe.
The proceeds will support GreenWay’s continued expansion of its charging network across Poland, Slovakia and Croatia. This includes the development of fast and ultra‑fast charging infrastructure, as well as investment in customer service and operational capabilities.
The project contributes to the electrification of transport in the CEE region and supports wider European objectives on decarbonisation and energy security.
The financing of up to €138 million comprises a refinancing facility, a capex facility and a working capital facility totalling €113 million, together with a €25 million uncommitted extension facility.
Clifford Chance provided comprehensive legal advice on all aspects of the financing, including the structuring, negotiation and documentation of the facilities.
Clifford Chance’s cross‑practice team working on the transaction was managed by Mateusz Chmura, Counsel and supervised by Andrzej Stosio, Partner. It included Titus de Vries, Partner (Amsterdam), Paweł Puacz, Partner (Warsaw), Aleksandra Rudzińska, Counsel, Aleksandra Bialyszewska, Senior Associate, Natalia Kujawa, Associate, Natalia Zań, Associate, Zuzanna Góra, Work Experience Fee Earner; Konrad Czupryniewicz, Work Experience Fee Earner, Weronika Mietła, Senior Associate, and Maciej Mróz, Associate. Milan Rákosník, Partner, Simona Rapavá, Senior Associate and Dávid Herich, Junior Lawyer provided advice on Slovak law.
