Finance
British startup gets $122 million funding for green charging stations
Published by Global Banking & Finance Review®
Posted on January 20, 2025
2 min readLast updated: January 27, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on January 20, 2025
2 min readLast updated: January 27, 2026
Aegis Energy secures $122M to build UK's first multi-energy refuelling hubs for commercial vehicles, supporting the transition to green energy.
(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)
The article discusses Aegis Energy's $122 million funding to build green charging stations in the UK.
The funding was provided by Quinbrook Infrastructure Partners.
The stations will offer electric, hydrotreated vegetable oil, hydrogen, and biomethane fuels.
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