Slate Asset Management, an alternative investment platform, has acquired Amperio GmbH, an operator of electric vehicle charging infrastructure.

Amperio installs charging stations and provides management services for charging stations.

As part of the transaction, Slate created Slate Mobility GmbH, an entity that will finance and own EV charging equipment for Slate.

“To achieve the German government’s target of having at least 15 million electric cars on the roads by 2030 will require significant investment in EV charging points throughout the country,” said Christian Schmid, managing director and global head of infrastructure at Slate. “We are excited to partner with Amperio to enhance the sustainability infrastructure of our properties and improve access to efficient charging points across Germany.”