First deal for Neot e-motion: 186 electric buses to be deployed with GoCollective in Denmark

Neot Capital, through its new investment platform Neot e-motion, is announcing a major financing operation to support the deployment of 186 electric BYD buses and 93 Efacec chargers across Denmark, in partnership with GoCollective and its shareholder Mutares. This flagship project is the first to be financed by Neot e-motion (funded by Alba Infra Partners and Mirova).

The financing will support the progressive deployment of the fleet through mid-2026, across three Danish regions and under the supervision of three public transport authorities:

• Midttrafik, in Central Jutland,
• FynBus, on the island of Fyn,
• Movia, in Greater Copenhagen – including route 5C, the most heavily used bus line in the Nordics.

“Following our first partnership on electric waterbuses in Copenhagen, we are proud to support GoCollective and Mutares once again in their transition towards low-carbon mobility in the fast-transitioning sector of urban buses. This new project reflects the mission of Neot e-motion: to structure tailored financing solutions that accelerate large-scale decarbonization of mobility.” Aurélien Achard, Mobility Director at Neot Capital.

“We are delighted to further expand our collaboration with Neot through the financing of our recently won public transport service contracts. Neot has proven to be a reliable, solutions-oriented partner. With the financing in place, we are fully focused on successful mobilization and the safe, efficient operation of our electric bus services, delivering a high-quality experience for passengers. This substantial financing reflects strong market confidence in GoCollective and demonstrates the tangible progress of our transformation following our acquisition by Mutares.” Markus Honner, Chief Financial Officer, GoCollective.

A flagship transaction for Neot e-motion
Launched in 2025, Neot e-motion is Neot Capital’s new investment platform dedicated to low-carbon mobility assets and infrastructure across Europe and OCDE countries. This first project embodies its core ambition:

• to demonstrate its ability to provide turnkey solutions, from charging infrastructure to electric buses, to operators committed to low-carbon mobility,
• and to build a solid foundation for scaling its activity across Europe, particularly in public tenders and partnership with mobility players.

With a total CAPEX of nearly €90 million, the transaction highlights Neot Capital’s commitment to accelerating the energy transition through custom-built financial solutions, serving operators, local authorities, and regions alike.

Counsels :
Gorrissen Federspiel for Neot Capital
Poul Schmith for GoCollective