BayBG invests five million euros in ChargeOne

150,000 charging points to be installed by 2030. Investment by BayBG serves to expand capacity.

ChargeOne is expanding its offering for companies that need a charging infrastructure for their employees, customers, guests or suppliers. The company, a brand of the long-established Claus Heinemann Elektroanlagen GmbH, has specialized in e-mobility solutions since 2021 and offers commercial customers a variety of options, from traditional purchases to flexible rental models known as "Charging as a Service."

The number of charging points is running behind the increasing number of registered electric cars, and there is a need to expand the infrastructure.

Markus Krepek, Investment Manager BayBG

ChargeOne's strong growth continues to be driven by BayBG's support. In the latest round of financing, BayBG invested five million euros in the holding company. This investment will enable ChargeOne to expand its capacity and further strengthen its position in the market. ChargeOne operates independently of the manufacturers of the wallboxes and fast chargers and can therefore select the right concept for the individual needs of its customers. This makes the offering particularly attractive for hotels, leisure and cultural facilities, shopping centers, and property management companies looking to add charging infrastructure to their offerings.

Some well-known companies have already relied on ChargeOne's services, including SIXT and B&B Hotels. In July 2022, ChargeOne received a major order from SIXT to install more than 1,000 charging points at SIXT stations in the DACH region by the end of 2023 and also to take over operation and service in the future.

The increasing demand for electric cars in Germany is another driver for the company's business. At the end of 2022, the number of electric cars exceeded the one-million mark for the first time, as reported by the Federal Motor Transport Authority. On Jan. 1, 2023, there were around 1.01 million electric vehicles and around 865,000 plug-in hybrid cars registered. In contrast, there were only 80,541 public charging stations in Germany at that time, according to the Federal Network Agency.

We are pleased that BayBG is accompanying us into the future and supporting our ambitious goal: By 2030, we want to be one of the leading German charging infrastructure operators with 150,000 charging points installed

Robert Klug, member of the Executive Board of heinemann Group SE

The expansion of ChargeOne and the provision of customized charging solutions for companies are helping to expand the charging infrastructure for electric vehicles in Germany and meet the growing demand. With the support of BayBG and a large number of customers, ChargeOne is positioning itself as a reliable partner for companies that need an efficient and reliable charging infrastructure.

With its e-mobility business ChargeOne, the electrical specialist Heinemann is very well positioned and fits well into our investment profile with its convincing strategic orientation.

Peter Herreiner, Managing Director BayBG

Claus Heinemann Elektroanlagen GmbH, Munich's oldest specialist electrical company, has bundled its electromobility business segment under the ChargeOne brand since 2021. ChargeOne offers commercial customers a complete service for the installation and operation of charging infrastructure with flexible Charging-as-a-Service models, as well as attractive rental and purchase models. In 2021, Claus Heinemann achieved total operating revenue of around EUR 51 million.