GRIDSERVE accelerates with £200M boost from Infracapital
GRIDSERVE remains on track to deliver at least 5,000 high power chargers across electric super hubs and electric forecourts by 2025.
GRIDSERVE has secured an initial £200 million investment from Infracapital, the infrastructure equity investment arm of M&G Plc, to push electric vehicle infrastructure.
The investment accelerates GRIDSERVE’s plans to further the company’s Sun-to-Wheel model, which encompasses generating energy through hybrid solar farms, distributing energy through an award-winning national charging network of Electric Forecourts and Electric Hubs.
“Investment in the future of our planet has never been so important and the IPCC’s latest dire warnings solidify the reality that we are in last chance territory, and we therefore need to take action as quickly as possible. This investment partnership will enable GRIDSERVE to continue to rise to this challenge and deliver maximum impact without delay,” said Toddington Harper, GRIDSERVE CEO.
The GRIDSERVE Electric Highway is a national public charging network covering 85% of the UK’s motorway service areas and some of the UK’s busiest retail destinations, and is already successfully charging over 100,000 electric vehicles every month.
Infracapital’s investment enables GRIDSERVE to deliver over 5,000 High Power Chargers by 2025, across both electric super hubs and electric forecourts.
