Amsterdam-based Polestar Capital announces the launch of the Polestar Capital e-mobility & infrastructure fund (PCEIF), a €500 million debt fund designed to finance the transition to zero-emission mobility.
The fund will extend loans to e-mobility and logistics projects, providing “essential financing that is urgently required but difficult to obtain elsewhere“. With the launch of PCEIF, the total committed capital at Polestar Capital will grow towards €1 billion, reinforcing its position as a leading asset manager bridging the funding gap for impact.
Jan-Willem König, CEO of Polestar Capital, explains: “The shift to zero-emission logistics is one of the biggest opportunities to accelerate decarbonization. We see a growing demand for financial solutions that help companies transition without compromising their business models. Through our various funds, we have already issued a record €490 million in impact loans in 2024 alone. With PCEIF, we are now expanding our impact to the zero-emission mobility sector, ensuring that businesses have the financial support needed to accelerate their transition.”
Founded in 2012 by Jan-Willem Konig, Polestar Capital is an impact investment firm focused on bridging the funding gap in the circular economy, renewable energy, and biodiversity transitions. The firm specialises in structuring private debt solutions that enable systemic impact while delivering financial returns.
According to Polestar, the mobility sector is the second-largest CO2 emitter after the industrial sector, making zero-emission logistics essential for meeting climate targets and ensuring business viability.
However, the transition requires substantial investments—over €120 billion in Europe by 2030 for charging infrastructure, electric vans, and trucks.
Despite the economic and environmental benefits, securing financing remains difficult. Banks are hesitant to provide long-term capital, and venture capital is often unsuitable for these capital-intensive projects. PCEIF addresses this by offering structured debt financing tailored to companies in North West Europe in the growth or transitioning phase, enabling them to scale effectively.
Originally focused on structuring and managing renewable energy projects, the company recently obtained an AIFM MiFID Top Up license and has evolved into a fully licensed fund and asset manager dedicated to financing environmental initiatives. With PCEIF, the impact investment firm is now bringing its expertise to the mobility sector with a specialised e-mobility team.
PCEIF’s objective is to make sustainable investments that align with environmental goals, by issuing loans to borrowers active in mobility, that contribute to the reduction of GHG emissions and air pollution. The fund is classified as an SFDR Article 9 fund and focuses on financing:
- Charge point operators: Companies installing and operating publicly available charging infrastructure for cars, vans, and trucks.
- Depot charging: Charging infrastructure at distribution centres and industrial areas for logistics companies.
- EV fleet operators: Logistics and lease companies transitioning to electric vehicles across light and heavy transport.
With demand for debt financing in the zero-emission sector exceeding what traditional financiers can provide, PCEIF can play a vital role in accelerating this transition. The fund already has a pipeline of potential investments and is engaging with institutional investors interested in making a tangible impact.