Neot Green Mobility refinances €170 million of debt with MUFG, La Banque postale and LBPAM

Neot Green Mobility (NGM), a platform dedicated to financing low-carbon mobility solutions, announces the refinancing of €170 millions of its debt with two banking institutions Mitsubishi UFJ Financial Group (MUFG) and La Banque Postale as well as asset manager LBP AM, a subsidiary of the latter.

Three leading partners
Three leading partners have taken part in this transaction: two banking institutions, MUFG and La Banque Postale as well as LBP AM, the latter’s asset management subsidiary. This refinancing consists of a long-term and non-recourse debt facility structured as a portfolio combining project and asset financings, denominated in several currencies.

A strategic refinancing
This transaction follows the revolving credit facility set up at the launch of NGM. It enables the platform to optimize its debt conditions while securing the long-term financing of its operational assets, thereby strengthening its financial structure and capacity to sustainably support the growth of its activities.

A renewed vote of confidence in the NGM model
This transaction demonstrates the confidence of NGM’s partners in its business model and will allow the platform to continue financing electric mobility fleets – including buses, coaches, trucks, cars, charging stations and boats – across several European countries.

“This long-term refinancing confirms the relevance and resilience of our model, while underlining its attractiveness to new banking and asset management partners. It illustrates the trust in Neot Green Mobility and bolsters our goal of becoming a European leader in low-carbon transport finance.” said Philippe Ringenbach, CEO of Neot Green Mobility.

“We are pleased to support Neot Green Mobility in this strategic refinancing, which will enable them to accelerate the deployment of zero and low-carbon transport solutions across Europe. MUFG’s commitment reflects our confidence in NGM’s robust model and aligns with our own ambition to drive sustainable infrastructure development through innovative financing structures.” said Guillaume Leprieur (MUFG Head of Structured Finance for EMEA, France)

“La Banque Postale is proud to support NGM once again, with this first long-term refinancing – a strategic milestone in the continued development of the company in France and Europe. We are also delighted to be joined in this deal by LBPAM, which shares our strategy for financing decarbonized mobility,” said Emmanuel Esneu, Head of Asset and Project Finance at La Banque Postale.

“This transaction perfectly illustrates our expertise in financing projects that directly contribute to the decarbonization of transport and the reduction of emissions. By structuring long-term financing solutions for players such as Neot Green Mobility, we enable our clients to support resilient business models that provide concrete solutions to low-carbon mobility challenges. This transaction marks an important step in NGM’s transition, and we are proud to support it in the development of its projects on a European scale.” added Tuan Au-Quang, Investment Director Infrastructure Debt, LBP AM European Private Markets

About Neot Green Mobility
Neot Green Mobility (NGM) is an investment platform backed by leading investors, including Alba Infrastructure Partners, Mirova, Banque des Territoires, and EDF Pulse Ventures. The platform is dedicated to financing the transition toward low-carbon mobility and supporting public authorities, transport operators, as well as logistics and industrial companies in their energy transition across Europe. NGM offers “as-a-service” solutions providing turnkey assets and services — including the supply of batteries, rolling stock, or charging infrastructure — to clients across a wide range of sectors such as maritime transport, urban and intercity public transport, logistics, rail, and charging solutions.
Supported by its investors in its growth, NGM has already deployed or committed to deploy more than €400 million in assets.

About MUFG
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,000 locations in more than 40 countries. The Group has about 150,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to “be the world’s most trusted financial group” through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges. For more information, visit our website: https://www.mufg.jp/english.

About La Banque Postale
La Banque Postale, along with its subsidiaries, including CNP Assurances, forms a large international bancassurance group, 12th in the euro zone by the size of the balance sheet. Its diversified business model enables it to support 18 million individual and corporate customers and local public sector actors in France. A subsidiary of La Poste Group, La Banque Postale is a local bank, present throughout the country with more than 17,000 contact points, including almost 7,000 post offices.
With its strategic plan “La Banque Postale 2030”, it has set itself the ambition to become the favorite bank for French people and the leader in impact finance, with an integrated and omnichannel offer of bank-insurance services, structured around its two brands: La Banque Postale, its day-to-day bank and Louvre Banque Privée, its private bank.
La Banque Postale is accelerating its diversification strategy and developing its expertise businesses, particularly in asset management, insurance, consumer credit and business and local developpement banking.
Drawing on its citizen identity, La Banque Postale is working towards a just transition by integrating environmental and social impact objectives into the heart of its governance. A company with a mission since March 2022, La Banque Postale aims to achieve net zero emissions by 2040. It is in the top rankings of the non-financial rating agencies.

About LBP AM (www.lbpam.com)
Owned 75% by La Banque Postale and 25% by Aegon Asset Management, LBP AM is a leading multi-specialist in sustainable finance, solutions and conviction-driven management via its subsidiary La Financière de l’Echiquier (LFDE). LBP AM has three investment divisions: LBP AM European Private Markets, Multi-Asset & Absolute Performance and Quantitative Solutions. Covering all types of clients – institutional investors, distributors, private clients – the LBP AM Group leverages its expertise and that of its subsidiary LFDE to offer a wide range of open-ended funds and its know-how in dedicated solutions and mandates, on listed and unlisted assets. The LBP AM Group’s consolidated assets under management or distribution totalled EUR 74,7 billion as of 30 June 2025.