FIRSTavenue Advises Bestinver on €115 Million Continuation Vehicle Supporting Italy’s EV Infrastructure Expansion

February 2026

London, 05 February 2026 – FIRSTavenue is pleased to announce that it has advised Bestinver on the successful formation of a €115 million continuation vehicle, increasing Bestinver’s stake in iPlanet, an Italian platform at the forefront of the country’s energy transition.

 

iPlanet is transforming one of Italy’s largest fuel station networks into a nationwide electric vehicle (EV) charging and multi-service hub network, supporting the rapid shift toward sustainable mobility. The platform is dedicated to converting traditional service stations into next-generation infrastructure assets, integrating fast and ultra-fast EV charging with complementary services and renewable energy solutions.

 

The transaction underscores strong investor confidence in the long-term energy transition trend and highlights Bestinver’s proven ability to deliver durable value through innovative, scalable, and sustainable investment strategies. The additional capital will further accelerate iPlanet’s rollout across Italy, reinforcing its position as a leading player in the development of EV charging infrastructure.

 

FIRSTavenue Partners congratulates the entire Bestinver team on this significant milestone and is proud to have supported the firm in executing this strategic transaction.

 

About Bestinver

 

Bestinver, through its Asset Management unit, offers investment funds in equities, fixed income, and mixed portfolios, as well as SICAVs, pension plans, and infrastructure funds. With experience in the sector since 1987, the firm currently manages €7.6 billion for 50,000 investors. Bestinver is part of the ACCIONA Group.

 

About FIRSTavenue

 

FIRSTavenue is a leading independent global placement agent and advisory firm specialising in private credit, real assets, private equity, and related secondaries solutions. FIRSTavenue operates offices in London, New York, Hong Kong, Hamburg, and Delhi, supported by a dedicated team of more than fifty professionals.

FAP USA, L.P. is a member of FINRA/SIPC. For more information on FIRSTavenue, please visit www.firstavenue.com

 

For further information, please contact:

Paul Buckley

Managing Partner

+44 7894 094872

pbuckley@firstavenue.com