Cleantech Invest Plc
Company Release       3 March 2015 at 9 am (EET)

Cleantech Invest is entering the electric vehicle market by investing in
PlugSurfing GmbH

Cleantech Invest Plc has made an investment in PlugSurfing GmbH, taking a stake
of 3.45%. Other participants in the investment round include PlugSurfing's
advisor Dr Gregor Matthies, as well as a US-based incubator and venture fund.
PlugSurfing will use the investment for international expansion.

By aggregating many large charging point operators into one platform,
PlugSurfing can be regarded as a market leader in location finding and payment
services of electric vehicle charging points. With PlugSurfing's App a driver
can find, access and pay for charging at different electric car charging
stations, without being a direct customer of a certain charging station
provider.

PlugSurfing now operates its payment service in 5 countries covering over
10,000 charging points and aims to have Europe-wide coverage by the end of
2015. Transactions for charging points will be the main source of revenue in
future, and the company already works with a number of major OEMs.

Based on global EV registrations, the market for electric vehicle has grown by
126% between 2012 and 2014 with over 700,000 EVs currently on the road globally.
With growth estimated to continue, forecasts predict that there will 10 million
EVs on the road by the end of 2020.

Alexander Lidgren, Managing Director at Cleantech Invest: "We believe that
PlugSurfing has already built a unique position to capitalise on the development
of this market and believe that the team is perfectly suited to do this. We are
pleased to step into the electric vehicle business space through this deal. The
estimated growth figures in this market are very exciting and it is truly
inspiring to be part of the evolution of electric vehicles."

"The investment is also the first one for us in Germany, a market where the
focus on energy efficiency is peaking right now as the country leads the way to
become fossil-free through the Energiewende."

"As we now become more active on the German market we believe it will benefit
more of our cases. Pay-back periods for energy efficiency solutions are a direct
consequence of energy prices. If you compare energy prices in Helsinki and
Berlin, they are more than double in the latter, making it a very interesting
market for many of our cases."

Adam Woolway, Managing Director at PlugSurfing: "We are truly delighted to work
with Cleantech Invest who, not only share our core beliefs around
sustainability, innovation and the EV market, but also open up a new opportunity
for our services in Scandinavia. With investment from the US and Germany as
well, we are entering into a very exciting phase at PlugSurfing."

CLEANTECH INVEST PLC

Further information:
Alexander Lidgren, Managing Director of Cleantech Invest Plc, tel.
+46 73 660 1007, alexander.lidgren@cleantechinvest.com

Certified Advisor Access Partners Oy, tel. +358 9 682 9500.

Cleantech Invest in brief
Cleantech Invest focuses on clean energy and efficient use of natural resources.
The company owns minorities in a diversified portfolio of companies and is
actively looking for new capital light and high impact businesses within the
cleantech universe. Cleantech Invest invests in the most promising early-stage
and growth cleantech companies in Finland, Sweden and in the Baltic Sea area.
The company management team members are international pioneers in cleantech
investing. Cleantech Invest is also a designated Accelerator in the Vigo Program
initiated by the Ministry of Employment and the Economy.
www.cleantechinvest.com.

PlugSurfing in brief
PlugSurfing is Europe's leading app for EV driving and biggest community of
electric vehicle drivers. Founded by Adam Woolway (UK) and Jacob van Zonneveld
(NL), the young and international Berlin-based start-up offers free apps to
revolutionise sustainable mobility, including the locating, and paying for
charging points. PlugSurfing's vision is to remove all barriers that currently
exist to carbon-free mobility.



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