Search: Statkraft

Norwegian charging operators Eviny Fast Charging and Statkraft subsidiary Mer are merging to create Eviny Elektrifisering, which will become the largest fast-charging provider in the Nordic region with over one million registered customers and a 24 per cent market share in Norway. Eviny will hold 57 per cent ownership and Statkraft 43 per cent in the Bergen based entity, subject to antitrust approval. The deal covers Mer's public fast-charging business, with Mer's German public operations expected to integrate later, while Mer Austria and Mer Business Germany remain separate.

Why it matters: The consolidation creates a dominant Nordic charging network at scale, signalling that profitability in public fast-charging now depends on customer volume and operational efficiency. Procurement teams and site hosts across Northern Europe will face a more concentrated supplier landscape, potentially affecting contract terms and site partnership opportunities.

Mer, the EV charging arm of Norwegian state utility Statkraft, has sold its UK fleet charging business through a management buyout led by existing executives including CEO Paul Winchester. The divestment allows Mer to concentrate on public charging infrastructure in the Nordics, Germany and Austria. The UK fleet operation will continue independently under the new ownership structure.

Why it matters: The exit signals a strategic retreat from the UK commercial fleet segment by a major European operator, potentially opening market share for rivals. For procurement teams, it underscores the importance of supplier stability checks when selecting long term fleet charging partners.

Munich-based HeyCharge has secured a €2.5 million grant from the European Innovation Council Accelerator to fund its SecureCharge FLEX project, which will accelerate development, certification, and large scale piloting of its patented offline EV charging platform across multiple European countries. The company, backed by BMW i Ventures, Statkraft Ventures, and Y Combinator, has raised €6.3 million in total private funding to date. HeyCharge's technology eliminates the need for communications infrastructure in underground garages, cutting installation costs by more than 40 per cent, according to founder and CEO Chris Cardé.

Why it matters: The grant supports a solution targeting apartment dwellers and underground parking, where nearly half of Europe's population lives and where internet dependent chargers often fail. Lower installation costs and no ongoing communications infrastructure requirements could open new procurement opportunities for residential and mixed use developments across Europe.