Closing of the acquisition of the remaining 40% stake of KLC in Portugal for Atlante

Paris, 8 May 2024 – Atlante, the company of NHOA Group dedicated to electric vehicles fast and ultra-fast charging network, announces today the closing of the acquisition in Portugal of the remaining 40% stake of Atlante Infra Portugal (formerly KLC – Kilometer Low Cost S.A.) for an equity consideration of €4.6 million. This final step follows Atlante’s acquisition of an initial 60% stake in December 2022, finalized in February 2023.

The completion of this acquisition confirms the positioning of Atlante as leading player in Portugal and takes the Company one step closer to becoming the largest fast and ultra-fast charging network in Southern Europe.

The closing of the transaction took place following full compliance with customary approvals and regulatory consents.

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Closing of the acquisition of the remaining 40% stake of KLC in Portugal for Atlante
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