Unknown Author
January 24, 2026
Latham & Watkins Advises ZEPLUG on Its €240 Million Fundraising and Acquisition of BORNES SOLUTIONS
1 min
AI-made summary
- ZEPLUG, a European provider of electric vehicle charging services for multi-occupant and office buildings, has raised €240 million from ICG Infra and acquired BORNES SOLUTIONS, a subsidiary of OCEA SMART BUILDING
- The acquisition aims to strengthen ZEPLUG's position in the French market
- The new funding will support ZEPLUG's expansion in Europe and the US, enabling further rollout of its scalable EV charging solutions
- Legal advice was provided by Latham & Watkins.
ZEPLUG, a leading European provider of electric vehicle charging services in multi-occupant and office buildings, has announced that it has raised €240 million from ICG Infra, and acquired BORNES SOLUTIONS, a subsidiary of OCEA SMART BUILDING, a portfolio company of ICG Infra. The transaction represents a major milestone in the history of ZEPLUG as well as the energy transition industry. The integration of BORNES SOLUTIONS will bring great synergies to strengthen its position in the French market. ZEPLUG will use the capital raised from ICG Infra to fund its expansion and further accelerate the growth in Europe and in the US. Since its creation in 2014, ZEPLUG has pioneered the energy transition through its integrated model that addresses the challenges of EV charging in multi-occupant and office buildings. The funding will unlock the next phase of ZEPLUG’s growth through the rollout of its highly scalable EV charging solution. The Latham team was led from Paris by corporate partner Pierre-Louis Cléro, with Xavier Nassoy and Alexandre de Puysegur. Advice was provided on tax aspects by partner Xavier Renard with Camille Pons and Jean-Baptiste Bourbier; on finance aspects by partner Michel Houdayer with Aurélien Lorenzi and Léa Demulder; on antitrust aspects by partner Jacques-Philippe Gunther and Wenceslas Chelini; on employment law aspects by partner Matthias Rubner and Léo Theillac; and on commercial contracts by partner Jean-Luc Juhan. In London, advice was provided by corporate partner Mike Turner and Terry Charalambous.~~
Article Author
Unknown Author
The Sponsor
