Macquarie backs EV charging with £20bn

Macquarie has announced that the Australian-headquartered group will support new investment to roll out a network of fast-charging electric vehicle infrastructure as part of a wider £20bn of package of planned investment activity across its UK portfolio.

Announced on the sidelines of the UK’s International Investment Summit, the new investment by Macquarie portfolio company Roadchef, one of Britain’s leading motorway service area operators, will install around 650 fast-charging points across most of its sites in conjunction with partners to support the growing number of motorists adopting EVs.

The upgraded EV charging facilities will be partly powered by 9MW of new solar energy capacity installed on-site. Roadchef will also pilot charging solutions for HGVs at two key locations across the motorway network whilst developing 100 additional parking bays in preparation for electric HGVs.

Roadchef’s plans form part of a larger £20bn package of new investment across Macquarie’s portfolio of UK infrastructure investments including 5GW of new offshore wind developments and developing the UK’s largest new solar project in Nottinghamshire by Island Green Power.



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