Slate Asset Management acquires majority stake in Amperio

Slate is an active investor in sustainable assets and in May, the firm invested in a vertical farming business Eider VF.

  • Amperio is a planner and operator of electric vehicle charging stations
  • Slate created Slate Mobility, an entity that will finance and own EV charging equipment, as part of the transaction
  • Amperio has installed over 1,800 intelligent charging points

Slate Asset Management announced on Friday that it has acquired a majority stake in Amperio.

Amperio, headquartered in Cologne, Germany, is a planner and operator of electric vehicle charging infrastructure in Germany. The company has installed over 1,800 charging points and the company maintains, operates, and executes the billing for over 300 of these charging points on behalf of its customers.

As part of the acquisition, Toronto-based Slate Asset Management launched Slate Mobility, an entity that will finance and own EV charging equipment for Slate and potential third parties, and receive management services from Amperio.

Amperio, alongside Move About Groups subsidiary mobileeee and the City of Ludwigshafen in Germany, are implementing a project for station-based public e-carsharing.

“To achieve the German government’s target of having at least 15 million electric cars on the roads by 2030 will require significant investment in EV charging points throughout the country,” said Christian Schmid, managing director and global head of infrastructure at Slate. “Amperio is offering a unique, customisable national product to help meet this demand, backed by a team with a proven track record of experience developing charging infrastructure for cities, communities, and businesses.”

“Our partnership with Slate presents an exciting opportunity to scale our business and provide seamless and sustainable mobility solutions that are so urgently needed to protect the climate,” added Oliver P Kaul, managing director of Amperio. “Our environment has given us the assignment to create zero-emission mobility. Slate has offered us its properties and the funding to accelerate that mission, which Amperio embarked on 10 years ago. Together, we strive to achieve our goal of making clean EV charging technology and services widely available.”