goetzpartners advised Wirelane
goetzpartners advised Wirelane on the financing of the mass roll-out of electric vehicle charging stations across Germany
goetzpartners advised Wirelane GmbH (“Wirelane”), a full-service provider for electric vehicle (“EV”) charging infrastructure (hardware and software) in the European market, on the financing of its Wirelane Enterprise Solution for the mass deployment of EV charging stations to large and strategic customers in the hospitality and real estate sector across Germany.
goetzpartners provided major support and key advice in all phases of the process to secure a tailor-made financing solution. After selecting potential financing providers from our comprehensive and unrivalled financier network, we organized a competitive financing process. goetzpartners educated potential financiers regarding the solid credit metrics including the attractive full-service offering of Wirelane’s products and solutions, the growing underlying market and long-term customer relations implying recurring revenues. In order to ensure a bespoke financing solution and provide the client with the best possible outcome, different possibilities of structures and financing concepts with and without equity requirement have been presented, compared, and explained. Furthermore, goetzpartners played a vital role in managing third-party due diligence providers to ensure focused and bankable due diligence reports, preparing relevant transaction documents, giving key advice during the credit documentation phase and ensuring a smooth implementation of the new financing.
goetzpartners acted as exclusive Debt Advisor to Wirelane. This transaction underpins goetzpartners' debt advisory expertise and strong execution capabilities as advisor of choice across Europe for young, innovative, and growing companies and within the e-mobility and renewable energy industry.
Wirelane provides its customers with full-service solutions for the installation, operation, and marketing of charging infrastructure the entire spectrum of e-mobility and charging infrastructure on a single platform. Wirelane, founded in 2016, has been constantly working towards its vision of a simple, readily available charging experience for electric vehicles, under the motto “Charge. Pay. Done.” Wirelane’s cloud-based ‘WirelaneOS’ software currently manages over 13,000 charging stations, independent of the manufacturer. As an electric mobility provider, Wirelane offers access to over 95,000 public charging stations across Europe and provides public authorities, suppliers, and business customers with charging infrastructure software for their end-customers. Each month, Wirelane settles more than 100,000 charging transactions for its customers. Based in Munich, Wirelane works with clients in different sectors, including large corporations, businesses in the hotel and tourism industry, and regional councils such as the district of Munich.