The joint venture will create a leading European prosumer company delivering EV charging infrastructure, photovoltaic inverters, AC and DC chargers, and storage systems to the European market.
This strategic partnership will combine the complementary strengths of StarCharge, with its recognised EV charging and energy storage technologies and production capability, and Schneider Electric, with its deep knowledge of the European market, extensive footprint and leading energy management solution technologies.
BNP Paribas are serving as the sole financial advisor to StarCharge. The transaction is subject to customary closing conditions, including the receipt of required regulatory approvals.
StarCharge, a premium provider of comprehensive EV energy supply and storage solutions, has a global footprint spanning over 60 countries across six continents. With a commitment to a greener future, the company has delivered two million EV chargers worldwide, leading the industry in sales volume over the past decade.