Niam continues to invest in ultra-fast charging for electric vehicles

Ultra-fast charging at a Nima charging point

Niam Infrastructure continues its collaboration with Nima Energy to jointly accelerate the deployment of ultra-fast charging infrastructure for electric vehicles. The collaboration has already yielded tangible results – three new charging sites with 24 charging points have been opened in southern Sweden, and a total of 150 charging points are currently under construction.

Niam Infrastructure (Niam) and Nima Energy (Nima) began a collaboration in 2022 regarding the financing of ultra-fast EV charging infrastructure. Now, the country's electric vehicle owners can see the result of this collaboration: in December 2023, Nima opened three new charging sites with a total of 24 charging points in southern Sweden. Additionally, Nima is building 50 charging points in central Stockholm, of which 12 are planned to be completed shortly and the others by the summer. In total, Nima is currently constructing 150 ultra-fast charging points from Stockholm to Skåne.

"The focus on ultra-fast charging at strategically important locations in Sweden is crucial to accelerate the electrification of the vehicle fleet. The investment in Nima Energy gives us the opportunity to expedite the transition through the rapid expansion of ultra-fast and easily accessible electric vehicle charging that meets the drivers' needs. Our deepened collaboration with Nima is entirely in line with our focus on sustainable infrastructure projects in the Nordic region," says Sverker Åkerblom, CEO of Niam Infrastructure.

"It feels very good to now see the concrete result of the collaboration with our partner and co-owner Niam Infrastructure in the form of a number of opened sites. We have an ambitious goal to build a total of 1,250 charging points in the Nordic region by the end of 2026, with Sweden as the first market," says Marcus Landelin, CEO of Nima Energy.

The collaboration between Niam and Nima began in 2022 when Niam's infrastructure fund became a minority shareholder in Nima with the possibility to finance the expansion of Nima's charging sites. To accelerate the rollout, Niam decided last year to inject additional capital and increased its ownership stake in Nima from 15 to just over 23 percent.

Nima develops, builds, and operates ultra-fast charging hubs along roads and in and around major cities. All of Nima's charging points have a capacity of up to 300 or 400 kW, allowing for a charge of up to 300 km in 15 minutes.

For more information, please contact:
Sverker Åkerblom, VD, Niam Infrastructure
+46 723 88 18 93, sverker.åkerblom@niam.com
Marcus Landelin, VD och grundare Nima Energy, via Mattias Hennius, Director Communications & PR at: +46 76 009 48 35, mattias.hennius@nima-energy.com

About Niam
Niam invests in real assets in the Nordics and Northern Europe with a focus on real estate and infrastructure. Through our infrastructure platform Niam Infrastructure, we see great opportunities and value in sustainable investments, and we strive to be part of the driving force for a greener and more sustainable future. This is achieved through innovation, deep knowledge and close collaboration with our partners. Niam's infrastructure fund includes a major anchor investment from the European Investment Fund. For more information, please visit www.niam.se

About Nima Energy
Nima develops, builds and operates sites for ultra-fast charging of passenger cars and commercial vehicles. Nima was founded in 2020 and is based in Malmö, Sweden. The company is owned by its founders together with Niam via its infrastructure fund Niam Infra Fund, which in May 2022 was announced as a minority shareholder in Nima and also a financier for the company’s future scale-up and construction of charging sites. Nima’s goal is to become one of the leading charging operators for ultra-fast charging in the Nordic region, and by extension Northern Europe.