DIF Capital Partners (DIF) has announced that DIF Core-plus Infrastructure Fund III has closed the acquisition of a 55% stake in a Charge Point Operator (CPO) Bump in Paris, France.
The aim of the investment is to accelerate the deployment of charging infrastructure in France, as the electrification of transport will play a decisive role in reducing carbon emissions. The purchase of Bump shares will secure the company's long-term financial resources and will benefit from DIF's experience in supporting large capital deployment programs.
Bump designs, installs, operates and owns the electric vehicle (EV) charging infrastructure. The company enters into medium and long-term contracts with fleet operators of electric vehicles, both in fleets and third-party car parks, mainly in Paris and Lyon. Bump's mission is to reduce CO2 emissions from mobility by deploying turnkey charging stations in 2 markets: professionals and companies and individuals in partnership with retailers.