Deals Counterparts

Macquarie backs nationwide rollout of electric vehicle charging infrastructure in the UK

Investment Ev Charging announced United Kingdom Oct 14, 2024
USD20B
Deal Value

Macquarie Group has announced a £20 billion package of planned investment activity across its UK portfolio, including support for a nationwide rollout of fast-charging electric vehicle infrastructure. This investment, partly through its portfolio company Roadchef, will install approximately 650 fast-charging points across most of Roadchef's sites, with some facilities partly powered by 9 MW of new on-site solar energy capacity. The broader investment spans energy, utilities, transport, waste, and digital infrastructure, including 5GW of new offshore wind, new solar power and battery energy storage projects, upgrades to gas transmission and distribution networks, and digital infrastructure enhancements.

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Deal Analysis

Macquarie Group, a global financial services giant and one of the world's largest infrastructure managers, is committing a substantial £20 billion to its UK portfolio. While a key component involves a nationwide rollout of approximately 650 fast-charging points across Roadchef sites, partly powered by 9 MW of new on-site solar, the investment is far broader. This planned activity spans energy, utilities, transport, waste, and digital infrastructure. It includes developing 5 GW of new offshore wind, new solar and battery storage projects, and upgrades to gas transmission networks.
  • £20 billion planned investment by Macquarie Group in UK infrastructure.
  • 650 fast-charging points to be installed across Roadchef sites.
  • 9 MW of new on-site solar energy capacity to power some EV facilities.
  • 5 GW of new offshore wind projects included in the broader investment.

Timeline

Announced
Oct 14, 2024
Signed
Closed

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