What inspired you to launch a fund focused on e-mobility and infrastructure?

“E-mobility and infrastructure are essential if we’re to protect our planet and stay within planetary boundaries. The transition to zero-emission logistics is critical in building a sustainable future. We identified a clear funding gap in this space—particularly when it comes to scaling up infrastructure and businesses at the pace the climate crisis demands. Addressing this challenge is part of our broader responsibility to future generations, and we’re proud to be part of the solution.”

How large is the funding gap in zero-emission logistics?

“The funding gap is significant—estimated at up to €120 billion across Europe by 2050, with €20 billion of that in the Netherlands alone. While this gap is enormous, it also represents an opportunity for capital to drive meaningful impact. No single fund can close the entire gap, but our focused strategy enables us to contribute to real, measurable progress in the transition to zero-emission logistics.”

What role does private debt play in closing this gap?

“Private debt is a powerful tool for accelerating the transition. It gives companies access to capital without requiring them to give up equity, which is particularly important for SMEs. What makes private debt especially relevant in this context is that it can be structured to align with the economic lifespan of the assets being financed—whether that’s electric trucks, charging stations, or other infrastructure. This flexibility supports long-term, sustainable growth.”

How does this strategy align with Polestar Capital’s mission?

“This fund is a natural extension of Polestar Capital’s mission to bridge the financing gap for impactful initiatives. We focus on projects that create real-world environmental and social outcomes. E-mobility and its supporting infrastructure are at the heart of the transition to a low-carbon economy. By financing this sector, we’re not just investing in hardware—we’re investing in cleaner air, healthier cities, and a more resilient planet.”

How far along is Polestar Capital in rolling out the e-mobility & infrastructure fund?

“The fund is operational, and we’ve built a strong pipeline of projects ready for financing. While we haven’t raised capital yet, the response from the market has been extremely positive. We’re currently engaging with investors through dedicated knowledge-sharing sessions, where we highlight market trends and the specific opportunities for impact. There’s clearly a strong appetite for tailored financing solutions in this sector. We’re confident that the fund will become a catalyst for accelerating zero-emission logistics in the years to come.”

Can you tell us more about the fund itself—its size, focus areas, and who it supports?

“The fund has a target size of €500 million and is designed to finance part of the vast funding gap in zero-emission logistics. We support projects that are essential to this transition, including charge point operators, electric logistics fleets, and depot charging infrastructure. While we do not disclose typical ticket sizes, our approach is flexible and tailored to the needs of each project. The fund caters primarily to SMEs and logistics firms that need capital to scale their zero-emission solutions. We want to ensure that promising initiatives are not held back due to a lack of financing.”

What experience does Polestar Capital bring to this space?

“At Polestar Capital, we bring over 10 years of experience in impact investing. We’ve consistently focused on sectors where financial innovation can drive environmental and social progress. In the field of e-mobility, we’ve already executed several transactions, including the financing of LEAP24, a leading provider of fast-charging infrastructure for electric logistics. Our experience gives us a strong foundation to understand both the risks and the opportunities in this evolving sector.”