Bestinver acquired iPlanet for $126 million on February 5, 2026, supporting Italy’s EV infrastructure expansion and long-term energy transition.

Deal-at-a-Glance
Acquirer:Bestinver (ES)
Target:iPlanet (IT)
Value:$126m
Type:Buyout
Closing Date:February 5, 2026
Advisors:FIRSTavenue (buy-side)

The deal aims to accelerate the deployment of electric vehicle charging infrastructure in Italy and aligns with national policies promoting renewable energy.

Strategic Rationale

Bestinver, a leading investment firm based in Spain, sees iPlanet as a strategic asset for its push into sustainable transportation solutions. This acquisition is part of Bestinver's broader strategy to invest in companies contributing to Italy’s transition towards cleaner energy sources.

Financial Context

Italy has set ambitious targets for reducing carbon emissions and increasing the share of renewable energy in its national grid, creating a conducive environment for investments like this. The deal is expected to bolster iPlanet's operational capabilities and market presence.

FIRSTavenue provided financial advisory services to Bestinver on this transaction.