White & Case LLP, a global law firm, has advised GRIDSERVE on a £200 million initial investment from Infracapital, the infrastructure equity investment arm of M&G Plc.
Mitsubishi HC Capital UK Plc and TPG Rise – TPG’s global impact investing platform, have also increased their shareholding in the company as part of the Infracapital transaction.
GRIDSERVE is a tech-enabled sustainable energy business providing advanced hybrid solar and battery farms, electric vehicle charging infrastructure and an electric vehicle leasing platform. The company will use the investment from Infracapital to, among other things, deliver over 5,000 high power chargers across its national charging network by 2025.
