ABG Sundal Collier acted as sole global coordinator and bookrunner in the pre-IPO private placement of SEK 150 million in Charge Amps

Charge Amps, the Swedish green-tech company and provider of EV charging solutions, today announced the completion of a pre-IPO private placement raising SEK 150m of primary capital. The investment is led by existing investors OK ekonomisk förening, Skellefteå Kraft and Swedbank Robur and new investors including Concejo Invest, LMK Forward and Quinary Investment.
The funds will be used to further grow Charge Amps’ European presence, including in the UK, Germany, and Spain, where it opened offices in 2021, and in the Nordics, where, in its home country, Sweden, the company is currently the second-largest player of its kind. In addition, the investment will be leveraged for product development and to maintain momentum and operational excellence ahead of the company’s IPO, which is planned for 2022.
This marks the second successful ABG Sundal Collier transaction for Charge Amps, having acted as sole global coordinator and bookrunner in a SEK 150m private placement for the Company in 2021.