Neot Boosts Low-Carbon Mobility with New €350M Financing
Deal News | May 19, 2025 | Mirova SA
Neot, a provider of customized solutions for low-carbon transportation, has announced the launch of Neot e-motion, a new European leasing platform dedicated to promoting zero-emission mobility. Supported by Mirova through the Mirova Energy Transition 6 fund, along with Alba Infra Partners and Banque des Territoires, Neot has secured over €350 million in equity commitments for this new venture. This initiative marks a significant step in Neot’s strategy to enhance its growth in the mobility sector, with total managed equity platforms now standing at €500 million. The new financial commitment extends Neot's financing capacity to nearly €2 billion in assets, reinforcing its role in facilitating the energy transition.
Sectors
- Sustainable Transportation
- Private Equity
Geography
- Europe – The initiative targets zero-emission mobility across Europe, emphasizing its geographical focus on the European continent.
Industry
- Sustainable Transportation – The article focuses on Neot's efforts to promote zero-emission mobility solutions, aligning with the sustainable transportation sector.
- Private Equity – Mirova's commitment through its Mirova Energy Transition 6 fund, along with other investors, highlights active private equity involvement in financing green initiatives.
Financials
- €350 million – Total equity commitment from Mirova, Alba Infra Partners, and Banque des Territoires for Neot e-motion.
- €500 million – Total equity managed by platforms under Neot's management.
- €2 billion – Potential financing capacity in assets following the equity commitment.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Neot | Target Company | Company | A leading provider of tailored as-a-service solutions for low-carbon transportation. |
| Mirova SA | Equity Investor | Company | An investment firm supporting the Neot e-motion initiative through its Mirova Energy Transition 6 fund. |
| Alba Infra Partners | Equity Investor | Company | A partner providing equity investment for the Neot e-motion initiative. |
| Banque des Territoires | Equity Investor | Company | A financial institution contributing to the equity commitment for Neot e-motion. |