ESB Energy partners with Zood Infrastructure to expand EV network
ESB Energy is set to significantly expand its ultra-fast EV charging network following a new partnership with Zood Infrastructure.
The development of the network will be carried out by The EV Network (EVN), a leading infrastructure development company based in the UK. The EV Network offers a turn-key solution to develop, fund and build publicly accessible EV charging hubs in the UK and is already working with a number of other leading Charge Point Operators (CPO).
The new agreement with Zood Infrastructure, a wholly owned subsidiary of SDCL Energy Efficiency Income Trust plc (SEEIT plc), is expected to deliver a significant number of rapid and ultra-fast EV charging hubs in high-traffic areas at strategically appropriate locations. These will be developed, funded and built by The EV Network, which has secured a £200 million investment commitment from SEEIT plc.
John Byrne, head of EV solutions at ESB Energy, said: “Every day, we are working to provide the market with low carbon energy by building smarter electricity networks and collaborating with others to develop innovative solutions to today’s energy challenges. We built the first-ever interoperable cross-border system of over 1,350 public charging points across the island of Ireland. We are now using this experience to partner with The EV Network to add to our charge point network and services for EV drivers across the UK.”
Reza Shaybani, EVN chief executive, added: “We are delighted to be working with ESB Energy on this exciting project. Our ambitions are aligned, and our unique business model enables all our CPO partners to build a strong network without having to worry about the development or investment in the infrastructure.”
All ESB Energy charge points are powered by 100% renewable energy, and the company’s network already stretches across London, Birmingham and Coventry.