Ionity Secures €600m and Validates Megawatt Charging Platform for Europe
· EVTrader EV News
Ionity raised up to €600m to expand its European ultra-fast network and began validating an Alpitronic-built megawatt-capable platform, with UK points set to top 1,000 by end of 2026.
Ionity is accelerating its European ultra-fast charging expansion. The operator secured financing of up to €600m, comprising €450m in committed green loan facilities plus an accordion facility for up to €150m in additional credit. Ionity has begun validating a megawatt-capable charging platform built by Alpitronic, capable of delivering up to 1 MW of total site power, with individual passenger EVs on CCS connectors topping out at roughly 600 kW. In the UK, the company aims to grow its stock to more than 1,000 charging points by the end of 2026. Operating over 5,000 charging points today, Ionity plans to more than double that to roughly 13,000 across over 1,300 sites by 2030. Ionity is also part of ChargeLeague (formerly the Spark Alliance), a cross-operator network including Atlante, Electra and Fastned that rebranded at the WATT 2025 summit in Munich and now offers access to over 1,700 stations and more than 11,000 high-power charging points across 25 European countries.