Posted By Global Banking and Finance Review
Posted on January 20, 2025
(Reuters) - Britain's Aegis Energy has secured a 100 million pound ($122 million) investment from private equity firm Quinbrook Infrastructure Partners to build five multi-energy filling stations for commercial vehicles, the startup said on Monday.
Seeking to cut emissions, but also facing slower than expected take-up of EVs due in part to limited charging infrastructure and price concerns, Britain said in November it would reconsider its EV sales targets to avert factory closures and job losses.
Aegis said its stations would be the country's first multi-energy refuelling hubs for trucks and vans, and would include electric, hydrotreated vegetable oil (HVO), hydrogen and biomethane fuels.
"By providing public hubs with multiple clean energy charging and refuelling options, we're supporting operators to choose how they want to make the transition," company co-founder Christopher Thorneycroft-Smith said in a statement.
The first station is scheduled to open in early 2026, with the rest by the end of 2027. They will be in the English cities of Sheffield, Immingham, Warrington, Corby and Towcester.
Aegis plans to build a total of up to 30 stations by 2030, it said.
($1 = 0.8191 pounds)
(Reporting by Alessandro Parodi. Editing by Mark Potter)
