Helexia Bolsters Electric Mobility Portfolio with Bluecharge Acquisition

Deal News | Nov 13, 2024 | Iberian Lawyer

Helexia Bolsters Electric Mobility Portfolio with Bluecharge Acquisition

CMS Portugal has successfully advised Helexia on its strategic acquisition of Bluecharge, a leading figure in Portuguese electric mobility. This move marks a significant expansion in Helexia's capabilities, adding Bluecharge's offerings to its own existing network of approximately 230 chargers and numerous users. By integrating Bluecharge into its operations, Helexia aims to enhance its service provision within the Mobi.e network significantly, establishing itself as a robust supplier in the sector of renewable energy for electric vehicles. The advisory team from CMS Portugal, led by partners Tiago Valente de Oliveira and Manuel Cassiano Neves, played a crucial role in this transaction, offering expertise in corporate M&A as well as energy and climate change sectors. The acquisition underlines Helexia's commitment to 100% renewable energy, setting a new benchmark in Portugal's electric mobility sector.

Sectors

  • Renewable Energy
  • Electric Vehicle Infrastructure
  • Legal Advisory

Geography

  • Portugal – The acquisition and all companies involved are based in Portugal, with the transaction primarily impacting the Portuguese electric mobility market.

Industry

  • Renewable Energy – The acquisition focuses on improving electric mobility solutions, aligning with the renewable energy sector through the continuous provision of 100% renewable energy.
  • Electric Vehicle Infrastructure – The companies involved specialize in electric mobility solutions and infrastructure, particularly the enhancement of electric vehicle charging networks.
  • Legal Advisory – CMS Portugal, a legal advisory firm, played a key role in facilitating the acquisition, specializing in corporate M&A and energy law.

Financials

    Participants

    NameRoleTypeDescription
    HelexiaBidding CompanyCompanyHelexia is a firm specializing in sustainable energy solutions, particularly focusing on electric vehicle charging services.
    BluechargeTarget CompanyCompanyBluecharge is known for being a pioneer in the Portuguese electric mobility market, offering e-mobility infrastructure.
    CMS PortugalLegal AdvisorCompanyCMS Portugal is a law firm that provided legal advisory services for the acquisition, focused on corporate M&A and energy sectors.
    Tiago Valente de OliveiraPartner, corporate, M&APersonPartner at CMS Portugal, leading the advisory team for the acquisition.
    Manuel Cassiano NevesPartner, energy & climate changePersonPartner at CMS Portugal, specializing in energy and climate change law, contributing to the acquisition advisory.
    Duarte LacerdaSenior Associate, energy & climate changePersonSenior associate at CMS Portugal involved in the advisory for the acquisition.
    Miguel Santos FerreiraAssociate, corporate, M&APersonAssociate at CMS Portugal partaking in corporate and M&A advisory for the deal.