Eneco eMobility grows as result of acquisition of FLOW Charging

Eneco eMobility has acquired 100% of the shares of Flow Nederland B.V., a company located in Zwijndrecht and operating under the name FLOW Charging. This purchase adds around 2000 active charging stations and 4500 charging cards to the portfolio of Eneco eMobility as well as new customers, including KLM and KPN, and expands its position in the market of business and consumer charging stations. The acquisition is effective retrospectively as of 1 January 2019. Financial details of the transaction will not be disclosed.

Eneco considers e-mobility to be an important growth market. Bram Poeth, director Eneco eMobility: "In the Netherlands, Belgium and Germany we are a top three service provider in the area of the charging of electric cars and it is our ambition to obtain a strong position in the European market. The acquisition of FLOW Charging brings us a step closer to achieving that goal as it increases the number of our active charging stations to more than 12,000 and the number of our charging cards in use to more than 20,000. In addition, the acquisition also means that we are taking over a number of valuable customer contracts in the business market."

Until further notice, the management of FLOW Charging will continue to be involved in the company to ensure a successful transfer and integration. Bregje Schoonen, director of FLOW Charging: "FLOW Charging has been involved in electric driving since the very beginning. At that time, there was still a lot of uncertainty in the market, but now everyone is convinced of the prospective growth of electric driving. We are proud to be able to facilitate the electric charging infrastructure of our Dutch and European customers. In Eneco eMobility we have found the right company for our customers with respect to further growth. Our current service portfolio is a perfect match and Eneco eMobility will also invest in additional services for our business customers. By working together we increase the confidence that our customers can drive their electric vehicles without any worries. It is wonderful to be part of this."