Obligo accelerates the green transition with its investment in Milepost

Obligo has entered into an agreement to invest in Milepost AB. The investment amounts to SEK 600 millions together with the investment from existing shareholders. The transaction has now been completed and Obligo has thereby become the largest shareholder in Milepost.

Milepost operates throughout Sweden with currently over 500 charge points and is one of the country’s first fully independent charging operators. The company conducts business in the development, establishment, operation and ownership of public charging infrastructure, to make the electric vehicle transition accessible and contribute to the climate transition. Milepost grows rapidly and will now through Obligo’s investment, continue to expand its network of charge points.

Obligo is a Nordic investment, and asset management company located in Oslo and Stockholm. Obligo manages direct and indirect investments in real estate, shipping, infrastructure and private equity, as well as providing business- and fund administration services. Through the investment in Milepost, Obligo strengthens its commitment to sustainable development in the Nordic region.

Obligo was advised by Mannheimer Swartling in the transaction. The firm’s team primarily consisted of Johan Ljungberg, Blena Habte, Josefine Wålinder, My Karlsson and Alexander Schough.