Paris-based Neot Capital, a finance and investment firm focused on low-carbon transport, has announced the launch of Neot e-motion, a new leasing platform designed to accelerate the deployment of zero-emission mobility solutions across Europe.
According to ESG Today, the new platform is backed by €350m (approximately $394m) in equity commitments from long-standing partners Alba Infra Partners, Mirova, and the Banque des Territoires.
Founded in 2016, Neot develops and operates investment platforms dedicated to sustainable mobility. The firm focuses on eliminating capital expenditure and technology barriers that often hinder the rollout of public transport infrastructure. Its model supports transport operators and public authorities in transitioning to low-emission fleets.
Neot e-motion follows the model of Neot’s existing flagship platform, Neot Green Mobility (NGM), by offering flexible “as-a-service” financing for low-carbon vehicles and infrastructure. This includes buses, trucks, coaches, boats, and associated charging stations. While Alba and Mirova will support projects across Europe and beyond, Banque des Territoires will target the domestic French market through Neot e-motion France, a dedicated subsidiary.
The firm intends to use the new funding to strengthen its leasing model and expand the range of green transport assets available to public and private operators. With this latest commitment, Neot now has close to €500m in equity capacity, which it says will significantly enhance its ability to fund the transition to clean mobility.
The announcement builds on Neot’s earlier success with NGM, which has financed over €350m in sustainable mobility assets and secured €170m in debt, with a presence in France, the UK, and Scandinavia. Neot is owned by Forsee Power, Mitsui & Co., Ltd., and EDF via its venture arm EDF Pulse Ventures.
Neot Capital CEO Philippe Ringenbach said, “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.”
Alba Infra Partners chairman Stéphane Grandguillaume added, “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.”
Source: https://fintech.global/
