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Estonian Eleport secures €35M to build “Electric Amber Road”

Fast, simple, cross-border EV charging: Eleport’s EIB-backed buildout adds 250+ multi-plug hubs along a modern “Electric Amber Road.”

Estonia might be compact, but it’s ready to power big changes. Eleport, an Estonian-founded independent EV fast-charging network operating across Central and Eastern Europe, has secured a €35M loan from the European Investment Bank (EIB), backed by the InvestEU programme. The financing will fund the expansion of convenient multi-plug charging hubs across the region, according to official press-release.

The loan supports the construction of over 250 new fast-charging stations at major retail and shopping destinations across Estonia, Latvia, Lithuania, Poland, Czechia, Slovakia, Slovenia, and Croatia. Each hub features up to 12 charging points with speeds up to 400 kW, enabling drivers to top up quickly during everyday errands. In the last few years, Eleport has already secured new funding and made a strategic acquisition to expand its reach.

Reviving the Amber Road

With more than 400 fast-charging points (DC) already deployed across six countries, Eleport is building the “Electric Amber Road” — a modern charging network inspired by the historic amber trade route that once connected the Baltics to the Adriatic through Central Europe. The network enables seamless cross-border EV travel using a single app and a consistent charging experience.

“At Eleport, we design around how people actually use public charging: you stop where you’re already going, plug in the cable, and continue with your day. That takes about 30 seconds — exactly as long as connecting the cable,” said Eleport CEO Jakub Miler. “By building multi-plug fast-charging hubs at everyday destinations, we’re making charging something that happens in the background without extra waiting or detours.”

EIB Vice President Karl Nehammer emphasised the project’s climate impact: “Accelerating fast-charging infrastructure is critical for advancing the transition to electric mobility and reducing transport emissions. This project demonstrates how we can provide innovative, long-term financing to rapidly growing companies creating high-impact sustainable infrastructure.”

Eleport currently operates 400 DC fast-charging points and has confirmed or is negotiating over 1,000 additional points for installation between 2026-2028. Backed by international investors and known for its focus on premium locations, Eleport’s mission is to make electric mobility simple, reliable, and accessible across Europe.

The EIB loan is supported by InvestEU, the EU programme aimed at mobilising over €372 billion in additional investment from 2021-2027 toward green transition, competitiveness, innovation, and sustainable infrastructure.

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