Zouk Capital, manager of the U.K. Treasury’s Charging Infrastructure Investment Fund (CIIF), has held an £80 million ($99.9 million) second close.
The second close was anchored from the private sector by Church Commissioners for England, with funding matched by HM Treasury. The fund now has a total of £150 million ($187 million) in deployable capital — £275 million ($343 million) in signed commitments against a target of £400 million ($499 million) — following the first close announced at launch in September 2019.
Chris West, head of indirect property, timberland and infrastructure – Church Commissioners for England noted, “This investment is aligned with our goal of achieving a net-zero emissions portfolio through driving down carbon emissions in the real economy and speeding the energy transition.”
Access to public electric vehicle (EV) charging is a key initiative within the U.K. government’s drive to reduce net carbon emissions to zero by 2
