HPP advised Liikennevirta Oy (“Virta”) in a transaction concerning growth financing and ownership arrangement as a result of which one the leading European energy companies E.ON, Helen and Lahti Energia became the majority owners of Virta. The purpose of the financing round is to secure the international growth of Virta in the fast growing electric vehicle charging market during the next few years. Virta and E. ON had already earlier concluded an operative collaboration agreement based on which the E.ON´s charging stations will start utilizing Virta´s technology solutions. This transaction demonstrates HPP´s transactional and technology capabilities in the fast developing international smart mobility market.
Virta was established in 2013. The company is known in Europe as the innovation leader and a leading company for smart charging solutions. Currently Virta serves over 200 corporate customers in 19 countries. Besides Helsinki, the company has offices in Germany, France and Sweden.