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Polara boosts electric vehicle charging capabilities through Cleo acquisition
August 15, 2024 | By Anthony Capkun
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August 15, 2024 – Hydro-Quebec subsidiary Cleo has been sold to Polara, a company specializing in infrastructure solutions for fleet electrification.
“Integrating Cleo’s technologies and expertise will strengthen Polara’s position as a leader in electrification solutions and provide the company with the tools it needs to meet the growing needs of North American customers,” said Polara CEO Sébastien Fournier.
Founded by Hydro-Quebec in 2020, Cleo offers a smart charging management platform to fleet operators.
Part of Groupe Girardin, Polara is a turnkey electrification provider, whose services range from analyzing a site’s electrical power requirements and site design to financing options, equipment integration, technical support, and more.
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