Bayford Group has commenced its EV charging infrastructure roll-out strategy following its investment in RAW Charging earlier in the year.
The roll-out, which is being delivered by RAW Charging, is across multiple sites in the UK for a variety of blue-chip customers.
Bayford Group, which has a portfolio of energy related businesses including Gulf Gas and Power, said the investment in RAW Charging, a rapidly growing provider of electric vehicle charging solutions and infrastructure for the UK’s net zero future, was a natural progression for the company.
Jonathan Turner and Liz Slater both joined the board of the company in March and have helped oversee the roll-out of the RAW Charging-owned EV charge points.
RAW Charging is operating in the underserved, high-growth destination EV charging marketplace. The company is establishing a network of EV charging infrastructure assets, primarily across the UK, to enable EV drivers to charge their vehicles at their destinations, typically at workplace, leisure facility or transport hub carparks, as opposed to at home or en-route.
The charging firm has also commenced installing EV chargepoints at multiple sites for McArthurGlen and for Greene King, the UK’s leading pub retailer. It is also negotiating agreements to provide EV charging infrastructure at several thousand sites across the UK on behalf of blue-chip property portfolio owners in the leisure, transportation and commercial property sectors.
Jonathan Turner, CEO at The Bayford Group, said: “At Bayford we remain committed to investing in the energy transition and our investment in RAW Charging is a further example of that. We started our own separate EV business a few years ago but identified RAW as being way ahead so wanted to work with Bruce and his team. RAW is taking advantage of the underserved, fast growth destination EV charging market. There is an energy revolution going on and it is beyond exciting to be right at the start of it.”
Bruce Galliford, CEO of RAW Charging, added: “We are growing rapidly with an ambitious pipeline in place to install EV chargers throughout the UK and Bayford will assist us in this growth phase. We believe our business model is perfectly placed to generate captive returns for our investors from a large portfolio of EV assets and we look forward to continuing to deliver on our growth plans.”