gridserve-header.jpg

GRIDSERVE Sustainable Energy Ltd – national electric vehicle (EV) charging network powered by renewable energy

GRIDSERVE delivers sustainable energy and moves the needle on climate change with a nationwide electric vehicle (EV) charging infrastructure powered by renewable energy.

GRIDSERVE Sustainable Energy Ltd is at the forefront of delivering a UK-wide ‘sun-to-wheel’ ecosystem of zero carbon energy generation and ultra-fast electric vehicle (EV) charging networks.

GRIDSERVE has 2 primary EV charging solutions (Electric Forecourts and Electric Hubs) which will be rolled out at scale over the next 3 years, with over 250 planned charging locations across the UK, supported by up to 15 hybrid solar farms.

This vertically integrated ecosystem of distribution and generation ensures price competitiveness through a captive commodity hedge.

GRIDSERVE has proven the technology, feasibility, and economics of delivering this ecosystem in the UK, and is now focused on maximising its strong market position.

gridserve.jpg

Investment type:

Capital investment - energy and infrastructure

Sector:

(Sustainable infrastructure, Zero emission vehicles, Energy storage, EV charging, Generation, Energy Infrastructure)

Project promoter:

GRIDSERVE Sustainable Energy Ltd

Scale:

Up to £1 billion

Time to Final Investment Decision (FID):

0-6 months

Bob Van Aartsen.jpeg

Bob Van Aartsen

Senior Investment Specialist

Contact the opportunity lead

Get in touch

Sector and market

The UK government has announced a ban on the sale of new petrol and diesel cars from 2030, and on hybrid cars from 2035.

To support the transition to electric-only passenger vehicles, the country needs a network of charging stations, as domestic charging is not universally accessible (40% of households have no access to off-street parking).

Location

Providing EV charging points across the UK will mean motorists can power their EVs wherever they go, with a fast, consistent, and fairly priced service.

Connectivity

The current charging points are located along the UK’s strategic road network.

This includes motorways and areas with a high volume of traffic - such as gateway roads for cities, or next to towns and densely populated areas.

Local talent and skills

There will be well-known national convenience retail units alongside the EV charging facilities, and the staff for these will be recruited from the local community.

Further details

GRIDSERVE’s sites are being built to high environmental standards, using low carbon construction materials to reduce emissions.

GRIDSERVE will also embark on a comprehensive biodiversity programme where possible at its sites and support remote nature-enhancing projects if it’s not possible to incorporate specific or meaningful programmes on GRIDSERVE sites.

This includes restoring woodland in the heart of southern Scotland to maintain our overall biodiversity programme.

Environmental, social and governance (ESG) highlights

The decarbonisation of power and transport are two key elements of the UK government’s Ten Point Plan, which address the largest contributory sectors of carbon emissions in the UK.

This GRIDSERVE project will accelerate the transition to net zero transport by providing a low cost, open-access, fast, and easy to use service.

Promoters and partnerships

To power its EV charging facilities, GRIDSERVE has built and operates some of the most technically sophisticated solar and energy storage projects in the UK.

It recently acquired the Electric Highway, the UK’s first EV charging network - and it has access to funding from Hitachi Capital (also a shareholder) and TPG’s RISE fund.

Local and national government support

GRIDSERVE works closely with local authorities in the planning and development of its sites, as well as with national authorities such as the Highway Agency.

It has strong relationships with National Grid, Ofgem, and the Office for Zero Emission Vehicles (part of the Department for Transport and Department for Business, Energy and Industrial Strategy).

Other opportunities

Speak to us

The government is identifying new projects across the whole of the UK. Investors who are interested in our projects can find out more by contacting us.

Get in touch