EQT Infrastructure has agreed to acquire UK-based InstaVolt, a rapid electric vehicle charging network operator. No financial terms were disclosed.
EQT Infrastructure to acquire InstaVolt, one of the leading rapid electric vehicle charging network operators in the UK
InstaVolt operates rapid charging infrastructure through its nationwide network of approximately 700 charge points
EQT Infrastructure is committed to invest significantly in InstaVolt’s accelerated roll-out of charge points to reach a nationwide network of 10,000 rapid electric vehicle chargers by 2032
EQT is a purpose-driven global investment organization with EUR 73.4 billion in assets under management across 28 active funds. EQT funds have portfolio companies in Europe, Asia-Pacific and the Americas with total sales of approximately EUR 29 billion and more than 175,000 employees. EQT works with portfolio companies to achieve sustainable growth, operational excellence and market leadership.
More info: www.eqtgroup.com