InstaVolt is a leading independent rapid charge point network owner and operator for electric vehicles (EVs), critical infrastructure to support the necessary mass adoption of EVs to enable decarbonisation of the U.K.’s transportation sector. As of December 31, 2023, the company has installed a nationwide network of over 1,300 charge points that are powered by 100% renewable energy. The charge points are often situated at retail, food, beverage, and forecourt sites to offer convenient service for end-users to combine their charge with other day-to-day activities.
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 EV chargers by 2030 and build the network necessary to support the ban on internal combustion engine vehicles in the U.K. by 2035.
At the time of publication (May 2024) InstaVolt were held in our Private Equity – Cycle 1 portfolio.