Infrastructure

WAAT is a pioneering French company specializing in electric vehicle (EV) charging infrastructure for private environments, with a particular focus on condominiums and social housing. The company targets residential and commercial buildings, where roughly 80% of EV charging activity occurs. Beyond hardware installation, WAAT provides a comprehensive software management platform that enables efficient monitoring, billing, and user access. This fully integrated, end-to-end approach sets WAAT apart from traditional installers and establishes it as a trusted long-term infrastructure partner.

Following strong growth over the past four years—recognized as part of the French Tech 120—WAAT decided to accelerate its expansion by launching a significant new fundraising round. The company set three strategic priorities: scaling operations across France and expanding into key European markets; investing in technology to enhance charging software, interoperability, and energy optimization; and broadening its service offerings to reinforce its position as a full-spectrum solutions provider.

In this context, Wagram acted as exclusive financial advisor to DWS (Deutsche Bank Group) and Bpifrance. Wagram supported these two major institutional investors by evaluating the growth potential and resilience of WAAT’s business model, coordinating financial and strategic due diligence, and structuring the investment to ensure long-term alignment with both sustainability goals and financial objectives.

Thésée is the only independent datacenter operator in France positioned as an enterprise-grade colocator providing both certified Tier 4 reliability and high-density air and liquid cooling design financed from the very beginning by Caisse des Dépôts and group IDEC. Thésée is specifically focused on serving security sensitive workloads for French clients with data sovereignty needs, including defence contractors, public sector bodies and regulated industries.

Thésée’ campus has a total IT power capacity of 33 MW suitable for AI and other high-density applications. As a edge datacenter operator near Paris, Thésée serves high-profile enterprise clients looking for European-owned high-end capacity to deploy their critical IT infrastructure. Thésée is uniquely positioned to capture the rising demand for high-density, low-latency computing driven by AI, cloud adoption, and data sovereignty regulations.

Following the successful implementation of an initial 5 MW IT power tranche, CDC and IDEC have engaged Wagram to secure a new financial partner with the capacity to support the full-scale development of the campus and provide liquidity for existing shareholders.

Considered as a highly strategic player of the modern digital infrastructure, ASN is the world leader in the design, manufacturing and deployment of telecom submarine cables, which represent a critical part of today’s digital infrastructure, supporting 99% of the total Internet traffic.

ASN benefits from a unique and proprietary technology making it one of the few players globally capable of deploying long haul submarine optical communication systems over the globe. The company also provides solutions for the Energy and Defense sectors.

Based mainly in France, the company employs c. 2,000 people worldwide and generates sales over €1.2bn.

WAGRAM acted as the exclusive financial advisor to the French State, represented by l’Agence des Participations de l’État (APE) for an initial acquisition of an 80% stake.

Mob-Energy, a French deeptech specializing in energy-efficient charging infrastructure, has secured a €25 million global financing, combining a €10 million Series A in 2023 and a €15 million fundraising from Tikehau Capital. This funding will scale up production and commercialization while reinforcing Mob-Energy’s position in energy storage and smart infrastructure.

Since its Series A with support from Axeleo Capital, Bpifrance, Santander AM, and the CMA CGM Energy Fund, Mob-Energy has developed Eiko, a smart power cube that enables flexible energy storage and redistribution. Eiko optimizes grid usage by adjusting EV charging to local energy availability, reducing strain on existing infrastructure. It can charge up to 25 vehicles using the power of a single station, maximizing efficiency and integrating renewable energy sources.

With Tikehau Capital’s backing, Mob-Energy is accelerating the deployment of a decentralized energy infrastructure by launching Mob-Energy Infra, a subsidiary focused on long-term leasing of Eiko. This approach supports the emergence of smart charging hubs capable of storing, distributing, and optimizing energy demand, reducing installation and operational costs.

This complex financial structuring was advised by Wagram, which guided Mob-Energy in defining its strategy, identifying financial partners, and executing both transactions over a two years period. With this funding, Mob-Energy is now poised to expand across France and Europe, solidifying its role in the energy transition and smart grid development.

Allocab, the leading B2B ride-hailing operator, has entered into a strategic partnership with NEoT Green Mobility, alongside a €25 million fundraising. This initiative aims to electrify Allocab’s fleet and accelerate the development of sustainable mobility infrastructure, with the goal of deploying 2,000 electric vehicles across France.

The first phase of the project includes the acquisition of 550 Tesla Model Y, which will primarily operate in Île-de-France. To support this transition, the company has launched “Vao Car”, a turnkey solution that includes vehicle leasing, insurance, maintenance, and extended battery warranty, making it easier for drivers to switch to electric mobility.

Wagram advised Allocab on the structuring of the Vao Car offering and the execution of this €25 million fundraising.

Euclyde (today nLighten France), as the leader in France of the regional colocation market develops, owns and operates a network of mid-size regional colocation data centers in France. The company currently runs mulltiple facilities of Tier 3+ sites close to major French cities. Euclyde benefits from a diversified portfolio of clients including high profile clients such as large international groups, banks, public bodies, hospitals, as well as regional SMEs.

Since its inception in 2009, Euclyde had pioneered a vision of a high-end decentralized colocation infrastructure suitable for critical operations while bringing a reduced carbon footprint, a higher resilience and a better compatibility with telecom and power networks as well as data sovereignty and data privacy constraints.

Euclyde is  positioned to respond to the emerging needs of edge computing infrastructures requiring reduced network latency and physical proximity with data consumers and producers for business cases such as the development of online gaming, the massive deployment of the IoT, 5G networks or the launch of autonomous vehicles. The investment of the Credit Agricole Group aimed at accelerating the growth of Euclyde through the development of new data centers in France.

Wagram through its digital  infrastructure teams acted as the exclusive advisor to the shareholders of Euclyde for reviewing the strategic options for the company, identifying a partner suitable for the future development of the company and managing the transaction.