Finance

British startup gets $122 million funding for green charging stations

Published by Global Banking & Finance Review

Posted on January 20, 2025

2 min read

· Last updated: January 27, 2026

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Green charging stations for electric vehicles funded by Aegis Energy - Global Banking & Finance Review
Image depicting Aegis Energy's innovative green charging stations, funded by $122 million investment, aimed at supporting the transition to clean energy for commercial vehicles in the UK.
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(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

British Startup Secures $122M for Green Charging Stations

(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)

Key Takeaways

  • Aegis Energy receives $122 million investment.
  • Funding from Quinbrook Infrastructure Partners.
  • First UK multi-energy refuelling hubs for trucks and vans.
  • Stations to offer electric, HVO, hydrogen, and biomethane fuels.
  • First station to open in 2026, with 30 planned by 2030.

Frequently Asked Questions

What is the main topic?
The article discusses Aegis Energy's $122 million funding to build green charging stations in the UK.
Who provided the funding?
The funding was provided by Quinbrook Infrastructure Partners.
What types of fuels will the stations offer?
The stations will offer electric, hydrotreated vegetable oil, hydrogen, and biomethane fuels.

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