Global law firm Dentons has advised Slate Asset Management (“Slate”), a global alternative investment platform targeting real assets, on the financing to Move About Group AB (“Move About”), a Swedish electric mobility service, to support the rollout of more than 150 electric vehicles as well as electric vehicle charging infrastructure across Europe. The car funding provided by Slate will be used to bolster Move About’s electric car fleet, which currently owns and operates over 800 electric cars and has more than 71,000 users on its platform.
Slate Asset Management is a global alternative investment platform targeting real assets. Slate actively invests in sustainable assets and technologies that advance the global energy transition and enable cities and communities to reach their carbon emission reduction goals.
Move About is a Sweden-based electric mobility service that delivers environmentally friendly and cost-effective mobility solutions to over 300 locations across Sweden, Norway, and Germany. The company is the largest provider of emission-free carsharing in the Nordic region.
A cross-border Dentons team from Germany and Luxembourg advised Slate Asset Management on the financing. Partners Tim Heitling and Thomas Dörmer led the team, with support from counsel Daniel Neudecker and associates Annekathrin Markert and Nurelia Kather from the Energy and Infrastructure team in Berlin; Banking and Finance partner Axel Schlieter and senior associate Julia Heitmann in Dusseldorf; Banking and Finance partner Holger Schelling in Frankfurt; and Banking and Finance partner Stéphane Hadet, counsel Olivier Lesage, senior associate Yifan Zhang and associate Jeff Nitschaeff, as well as Tax partner Jean-Luc Fisch in Luxembourg.
Partners Tim Heitling and Thomas Dörmer recently advised Slate on the acquisition of a majority stake in amperio GmbH, a leading specialist planner and operator of electric vehicle charging infrastructure in Germany.