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GIREVE announces that Fonds de Modernisation Ecologique des Transports (FMET) joins as new shareholder of the company in order to speed up its development

The shareholding of the company, previously composed of Caisse des DépôtsCompagnie Nationale du Rhône, EDF through its subsidiary EDEV, Enedis, and the Renault Group, is strengthening and diversifying with the onboarding of FMET, whose mandate is to invest into infrastructures contributing to the ecological modernization of transport.

For Bruno Lebrun, CEO of GIREVE, “The arrival of FMET into the capital of GIREVE, alongside the five founders of the company, brings additional resources to fuel our development and boost the investments required to develop new services “.

With highly fragmented networks, roaming of charging is a crucial issue for users and operators in the sector. GIREVE’s platform provides the solution to this roaming need by facilitating the contractual relationship between supply and demand for services. It enables the exchange of data between operators and allows everyone to get paid for the services they deliver.

“The path to be covered by the actors of electric mobility is still long and GIREVE will be at the heart of this development.” (Sophie Paturle-Guesnerot, Managing Partner of Demeter)

Providing key services for the development of the entire electric mobility sector, GIREVE facilitates the emergence of industry standards, the development of new services, and enables SMEs and start-ups to access this market.

About GIREVE

GIREVE is the Groupement pour l’Itinérance de la Recharge Électrique des Véhicules. Founded in 2013 by Group Renault, EDF, Enedis, CNR and la Caisse des Dépôts, GIREVE aims at making charging infrastructure visible and accessible. GIREVE’s platform connects charging point operators (CPO) and emobility providers (EMP) in real-time, in order to give electric vehicle drivers seamless access to charging.

About FMET and Demeter

Fonds de Modernisation Ecologique des Transports (FMET) is a fund of 200 million euros, dedicated to investment in infrastructure contributing to the ecological modernization of transport. This fund, whose investors are Vinci Autoroutes, APRR and the Abertis group, shareholder of SANEF, is the result of an agreement between the French government and motorway concession companies. FMET is managed by Demeter.
Demeter is a European leader in private equity for energy and environmental transition. Demeter invests in seed and venture capital, growth capital and infrastructure, mainly in France, Spain and Germany. With € 800 million in funds under management and 33 professionals, Demeter has made 120 investments over the past 10 years.