Neot launches Neot e-motion to finance low-carbon mobility in Europe with an additional €350 million equity commitment from Mirova, Alba Infra Partners, and Banque des Territoires
June 02, 2025
Neot, one of the leading providers of tailored “as-a-service”1 solutions for low-carbon transportation, announces its intention to launch* Neot e-motion, its new pan-European leasing platform dedicated to zero-emission mobility in Europe. The initiative is backed by long-standing partners Alba Infra Partners, Mirova and the Banque des Territoires. With over €350 million in equity commitments to Neot e-motion, Neot is accelerating its growth in the mobility sector. Platforms managed by Neot now total €500 million in equity, providing financing capacity of up to nearly €2 billion in assets2. This milestone represents a new step in Neot’s ambition to actively contribute to the acceleration of the energy transition.
Following the model of Neot Green Mobility (NGM) — the flagship platform launched in 2017 by Neot with the support of Alba, Mirova (an affiliate of Natixis Investment Managers dedicated to responsible investment), and Banque des Territoires — Neot e-motion aims to offer innovative, tailor-made “as-a-service” financing solutions for low-carbon transport (buses, coaches, trucks, boats, and charging infrastructure) on behalf of public authorities and transport operators. While Alba and Mirova will focus on financing projects at the European level and beyond through Neot e-motion, Banque des Territoires will concentrate on the French market, through Neot e-motion France, a subsidiary of Neot e-motion.
Neot Green Mobility has already financed over €350 million in mobility assets and raised €170 million in debt2 to support its development, primarily in France, the United Kingdom, and Scandinavia.
Founded in 2016, Neot Capital is a specialist in decarbonization and is owned by leading battery technology players Forsee Power, Mitsui & Co., Ltd., and EDF (via its corporate venture arm, EDF Pulse Ventures). The company develops and manages investment platforms dedicated to low-carbon mobility projects. Neot’s model enables the financing of ambitious infrastructure projects led by public authorities and transport operators by removing barriers related to CapEx and technology risk. Through tailor-made, innovative solutions —including Battery-as-a-Service, Charging-as-a-Service, and E-mobility-as-a-Service — Neot is helping to accelerate the operational rollout of the energy transition. With a total of €500 million in equity capital across its platforms, Neot is now one of the leading developers and managers of green mobility asset leasing platforms in Europe.
“With Neot e-motion, we are reaching a new milestone alongside trusted partners who have supported us since Neot’s inception. The renewal of their commitment reflects the strength of our model and the shared vision that unites us. With nearly €500 million in equity, we now have an unprecedented level of financial capacity to support regions and transport operators in their transition to low-carbon mobility. This support underscores the relevance of our model, which is based on industrial expertise, innovation, and a strong understanding of the risks related to batteries and infrastructure. Together, we are actively contributing to the emergence of a more sustainable, accessible, and resilient mobility landscape across Europe.” Philippe Ringenbach, CEO of Neot Capital.
“We are very pleased to continue this journey with our long-standing industrial and financial partners to support the decarbonization of heavy transport in Europe. Neot e-motion’s projects play a central role in the energy transition, and we are confident that its business will continue to grow as the deployment of electric buses, coaches, boats, and trucks picks up pace, along with the increasing adoption of leasing models. By supporting transport operators in their shift toward green mobility, Neot e-motion is also contributing to the European Union’s energy independence.” Stéphane Grandguillaume, Chairman of Alba Infra Partners.
“By 2030, the transport sector could account for nearly half of greenhouse gas emissions in Europe. Neot e-motion helps remove financial barriers to investment—now more necessary than ever for decarbonization. Building on the success of Neot Green Mobility, we are proud to support Neot e-motion in helping European transport companies transition to low-carbon mobility.” Witold Marais, Investment Director at Mirova.
“As an early supporter of Neot Green Mobility (NGM) since its inception, Banque des Territoires is proud to renew its commitment to zero-emission mobility with the launch of Neot e-motion France. This key initiative reaffirms our determination to accelerate the energy transition and decarbonization of transport in France—one of our strategic investment priorities." François Wohrer, Head of Investment at Banque des Territoires.
The unsourced figures mentioned in this communication are provided by the counterparties and may be subject to change without notice. The information provided reflects the opinion of the counterparties/the situation as of the date of this document and is subject to change without notice.