Gridserve raises over USD243 million to further expand EV charging network in UK

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Corporate developments

Newly raised funds will accelerate Gridserve’s plan of further expanding energy generation through hybrid solar farms and distributing it through its charging network of Electric Forecourts and Electric Hubs

UK-based EV charging services provider Gridserve has secured an initial GBP200 million (USD243 million) investment from Infracapital, the infrastructure equity investment arm of M&G Plc, to further expand its operations that focus on decarbonizing transport through a well-distributed EV infrastructure, the company said on 8 August 2022.

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