Impact Bridge, the Spanish impact investment manager, and Fundeen, a crowdfunding platform focused on renewable energy investments, have completed a €10 million financing transaction for a subsidiary of Wenea Mobile Energy, S.L. The financing will support the development and expansion of a portfolio of electric vehicle charging assets in Spain, strengthening one of the country's leading independent charging networks. Approximately 80% of the financed assets are already operational, enabling the transaction to combine the optimization of existing infrastructure with the deployment of new charging capacity.

The financing covers a diversified portfolio in terms of both charging technology and geographic location. Nearly two-thirds of the installed capacity consists of ultra-fast and super-fast chargers, while the assets are distributed between highway corridors (approximately 60%) and urban environments (approximately 40%), spanning more than ten autonomous regions, with the largest concentrations in Andalusia, Castile and León, and Catalonia. This diversification across charging types and geographies broadens network coverage while spreading project risk across different locations and usage profiles.

Wenea is Spain's leading independent electric vehicle charging operator. Established within the Diggia Group, a pioneer in EV charging infrastructure investment since 2016, the company currently operates more than 4,000 charging points across Spain and the United Kingdom, including over 1,600 within its own network, serving more than 270,000 customers. Wenea has established itself as one of the country's leading ultra-fast charging operators, while its network is designed to serve the full spectrum of electric mobility—from urban charging to high-power charging along major road corridors.

Bringing together retail investors and an impact fund

The transaction is built around an innovative financing structure that combines Fundeen's experience in financing projects within the electric mobility sector with Impact Bridge's institutional investment expertise. This partnership not only enables larger-scale and more sophisticated financing for Wenea, but also democratizes impact investing and access to the energy transition by allowing retail investors to co-invest alongside an institutional impact fund in tangible infrastructure assets that are critical to the ecological transition.

Supporting decarbonization and regional development

Road transport remains one of Spain's largest sources of greenhouse gas emissions, while insufficient charging infrastructure continues to slow electric vehicle adoption. This financing directly addresses that bottleneck by supporting the rollout of ultra-fast charging stations that reduce concerns around driving range and charging times. The environmental impact is further enhanced by the fact that all electricity supplied through Wenea's network is backed by 100% renewable Guarantees of Origin, effectively displacing fossil fuel consumption.

Beyond decarbonization, Wenea also generates significant social impact by contributing to regional development and innovation. With much of its activity centered in Cáceres, the company supports highly skilled employment and technological capabilities in Extremadura, a region that has historically experienced lower levels of industrialization. The group currently employs around 290 professionals and actively promotes the development of young talent through R&D initiatives and an academic chair in partnership with the University of Extremadura.

According to Alberto Cantero, CEO of Wenea, "For years we have demonstrated that an independent operator can become a benchmark in the deployment and operation of electric vehicle charging infrastructure in Spain. This effort has also translated into sustained growth in our customer base, both private and corporate, driven by an increasingly customer-centric strategy and the development of products that make the transition to electric vehicles simpler, more accessible and more cost-effective.

This transaction allows us to continue expanding and bringing into operation charging infrastructure that provides real value to citizens across Spain. Developing projects that can be financed through vehicles such as the 'IB Deuda Impacto España' fund is a clear indication that our business model is recognized positively by the market, including for its environmental and social impact. Fundeen's support for this project has also enabled us to share these values directly with the public."

Nacho Bautista, CEO and Co-founder of Fundeen, said: "This transaction represents everything we stand for: enabling anyone to invest side by side with an institutional fund in real infrastructure that is already transforming mobility in Spain. Democratizing access to the energy transition is not simply an aspiration for us—it is what we do every day together with our community of investors. Partnering with Impact Bridge to finance a leading operator such as Wenea demonstrates that retail and institutional capital can work together to generate measurable impact."

María Samoilova, Managing Partner at Impact Bridge and Head of the 'IB Deuda Impacto España' fund, added: "Charging infrastructure is essential to decarbonizing transport, and Wenea stands out for both its ultra-fast charging network and its commitment to regional development. This transaction demonstrates the power of impact capital to finance the energy transition while creating both environmental and social value. By structuring the transaction together with Fundeen, we have successfully brought together retail and institutional investors around a strategic project—a collaborative model with enormous potential to continue mobilizing capital for impact."

This transaction adds to other investments made by the 'IB Deuda Impacto España' fund to support the energy transition and more sustainable mobility. It follows previous bespoke financing transactions for companies such as Greenalia and Visalia, which similarly required tailored financing solutions and deep sector expertise. The transaction also strengthens the ongoing relationship between Impact Bridge and Fundeen, which had previously received financing from the fund.

The transaction was advised by Ontier, Ernst & Young and OCA, acting as legal, commercial and technical advisers, respectively. The parties would like to thank all the teams involved for their contribution to the analysis, structuring and execution of the transaction.

About Wenea

Wenea is Spain's leading independent electric vehicle charging operator, with a network of more than 1,200 owned charging points across the country. The company's platform also supports sustainable mobility in the United Kingdom and Portugal, providing charging and energy management services for businesses, individual drivers and public sector organizations.

Through its commitment to innovation and sustainability, Wenea has developed a fast and ultra-fast charging infrastructure tailored to the needs of different users. As part of the Diggia Group, Wenea employs approximately 300 people across the markets in which it operates and is committed to leading the transition towards cleaner and more efficient mobility. Today, more than 270,000 customers rely on Wenea to charge their electric vehicles across its markets.

Learn more about Wenea at https://wenea.com/.

About Fundeen

Fundeen is Spain's first renewable energy co-investment platform authorized by the Spanish Securities Market Commission (CNMV), enabling both retail and institutional investors to participate in the financing of sustainable infrastructure projects. The platform has built a community of more than 20,000 investors and has mobilized over €40 million for renewable energy projects. Fundeen is regulated as a European Crowdfunding Service Provider (ECSP) under Regulation (EU) 2020/1503.

https://www.fundeen.com

About Impact Bridge Asset Management

Impact Bridge is a Spanish impact investment manager with more than €500 million in assets under management, specializing in high-quality impact investing and focused on projects that generate genuine, intentional and measurable social and environmental impact. Founded in 2018, the firm brings together professionals with extensive experience at leading asset management firms, as well as in sustainable finance, impact investing and academia.

Its investor base includes both private institutional investors—such as pension funds, foundations and family offices—and public institutions, including the European Investment Fund (EIF), CDTI, COFIDES and Axis (ICO Group).

https://www.impactbridge.com/

About IB Deuda Impacto España

Launched in July 2023 with the support of MicroBank, IB Deuda Impacto España is a flexible private debt fund focused on capital preservation and financing projects that generate social and environmental impact across Spain. Its investment strategy covers rural development, workforce inclusion, climate and the environment, the circular economy, sustainable agriculture and gender equality.

The fund is backed by leading institutional investors, including the European Investment Fund (EIF), MicroBank, Axis Participaciones (ICO Group), COFIDES and other financial institutions. With a seven-year term—including a three-year investment period followed by a four-year harvesting period—it is registered with Spain's National Securities Market Commission (CNMV) as a European Social Entrepreneurship Fund (EuSEF) and complies with the highest sustainability classification under the EU Sustainable Finance Disclosure Regulation (SFDR Article 9).

Impact Bridge has also received support from the European Investment Fund through its Alternative Lending for Sustainable Development instrument under Spain's Recovery, Transformation and Resilience Plan.

Fuente: Impact Bridge Asset Management

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