Polestar Capital, a Dutch asset manager, has launched the €500M Polestar Capital e-Mobility & Infrastructure Fund (PCEIF) to promote zero-emission mobility. This fund targets loans for e-mobility and logistics projects facing financing difficulties, contributing to a total capital commitment nearing €1B for Polestar. With the mobility sector being a major CO2 contributor, the fund addresses the urgent need for around €120B in investments for infrastructure and electric vehicles in Europe by 2030. The CEO emphasizes the fund's role in decarbonisation while supporting businesses without hindering their growth.
Polestar Capital launches a €500M fund to facilitate the transition to zero-emission mobility by providing loans where financing is otherwise unavailable.
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