Infracapital invests £200m in Gridserve

Gridserve has secured an initial £200m investment from Infracapital, the infrastructure equity investment arm of M&G.

The funding will accelerate Gridserve’s plans to further the company’s ‘Sun-to-Wheel’ business model which encompasses generating energy through hybrid solar farms, distributing energy through a national charging network of Electric Forecourts and Electric Hubs, while leasing a wide range of the latest electric vehicles.

Toddington Harper, chief...