Neot Capital, a finance and investment firm focused on low-carbon mobility, has announced the launch of Neot e-motion, a new leasing platform dedicated to accelerating zero-emission transport deployment across Europe. The initiative is backed by €350 million (approximately USD $394 million) in equity commitments from a consortium of investors, including infrastructure specialist Alba Infra Partners, sustainable investment firm Mirova (an affiliate of Natixis Investment Managers), and Banque des Territoires, a subsidiary of French public banking institution Groupe Caisse des Dépôts.
Headquartered in Paris and founded in 2016, Neot Capital specialises in designing financial platforms to support the decarbonisation of transport infrastructure. Its model is built around enabling public authorities and private transport operators to overcome the capital expenditure and technology barriers typically associated with green mobility projects. Neot’s inaugural platform, Neot Green Mobility (NGM), focuses on financing and leasing electric vehicles, charging infrastructure and batteries. Since its inception, NGM has financed over €350 million in low-emission mobility assets and raised €170 million in debt funding, targeting projects primarily in France, the UK and Scandinavia.
Neot Capital is jointly owned by [Forsee Power](https://www.forseepower.com/en/), a French manufacturer of smart battery systems; Japanese trading and investment giant [Mitsui & Co., Ltd.](https://www.mitsui.com/jp/en/index.html); and [EDF Pulse Ventures](https://www.edf.fr/en/the-edf-group/edf-pulse-ventures), the corporate venture arm of French energy utility EDF.
The new Neot e-motion platform builds on the foundations laid by Neot Green Mobility, though with an expanded scope. It will deliver bespoke “as-a-service” financing solutions for the full spectrum of low-carbon transportation—spanning electric buses, coaches, lorries, boats, and the associated charging infrastructure. Projects under the broader pan-European banner will be supported through the main Neot e-motion platform by Alba Infra Partners and Mirova, while French initiatives will be routed through a dedicated subsidiary, Neot e-motion France, under the purview of Banque des Territoires.
Philippe Ringenbach, CEO of Neot Capital, described the launch as a key turning point for the company:
“With Neot e-motion, we are reaching a new milestone alongside trusted partners who have supported us since Neot’s inception. The renewal of their commitment reflects the strength of our model and the shared vision that unites us. With nearly €500 million in equity, we now have an unprecedented level of financial capacity to support regions and transport operators in their transition to low-carbon mobility.”
As momentum builds around the decarbonisation of transportation, particularly in the heavy-duty sector, leasing models have become increasingly attractive to operators seeking flexibility and cost efficiency during the energy transition.
Stéphane Grandguillaume, Chairman of Alba Infra Partners, highlighted the essential role of Neot e-motion in the broader climate and energy strategy:
“We are very pleased to continue this journey with our long-standing industrial and financial partners to support the decarbonisation of heavy transport in Europe. Neot e-motion’s projects play a central role in the energy transition, and we are confident that its business will continue to grow as the deployment of electric buses, coaches, boats, and trucks picks up pace, along with the increasing adoption of leasing models. By supporting transport operators in their shift toward green mobility, Neot e-motion is also contributing to the European Union’s energy independence.”
The European Commission has set ambitious targets for reducing greenhouse gas emissions from transport, which currently accounts for nearly 25% of the EU’s total emissions. As part of the European Green Deal, the Commission announced in 2020 its [Sustainable and Smart Mobility Strategy](https://transport.ec.europa.eu/transport-themes/mobility-strategy_en), aiming for a 90% cut in transport-related emissions by 2050. Accelerating the adoption of electric and zero-emission vehicles, particularly in public and freight transport, is seen as critical to achieving this goal.
With more capital now available, the Neot e-motion platform is likely to play a significant role in helping cities, regions, and operators meet these targets while modernising transport networks in a sustainable and financially viable way.
Image credit: ESG Today
