Allego secures EUR 20M loan from EBRD for EV charging infrastructure in Poland

Allego announced the grant of a EUR 20M loan from the European Bank for Reconstruction and Development, or EBRD, as part of the CROSS-E project co-funded by the European Union. This financial support will support Allego’s development of EV-charging infrastructure inside Poland as part of the company’s ongoing Eastern European expansion project. Allego is set to deploy more than 200 light and heavy-duty vehicles EV recharging points across over 50 strategic locations in Poland. This effort will include installing and integrating these recharging points into the existing Allego network. Additionally, Allego will provide maintenance and operational support for these facilities, enhancing the user experience with smart charging and efficient billing systems. The project in Poland is co-funded by the EU’s Connecting Europe Facility program, supporting European transport infrastructure projects along the TEN-T Network and in Urban Nodes.