Hitachi Capital UK takes multi-million share in Gridserve

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Hitachi Capital UK has announced a £10m investment into British EV charging forecourt developer Gridserve.

According to Hitachi, the investment represents its commitment to, and confidence in, the UK green energy firm following the successful launch of Gridserve’s EV charging forecourt in Braintree, Essex.

The company added that taking a share in Gridserve aligned with its wider goal of financially supporting projects that go towards delivering a net zero carbon economy.

Gridserve’s first electric forecourt opened on Monday 07 December 2020 at site near Braintree, Essex

Furthermore, Hitachi said its collaboration with Gridserve aims to revolutionise the UK’s approach to solar energy and create the infrastructure required to accelerate the adoption of EVs.

Robert Gordon, CEO of Hitachi Capital UK, said: “Our collaboration with Gridserve to deliver sustainable energy marks a breakthrough in delivering the world class infrastructure the UK needs in order to accelerate electric mobility.

“Combining our financial strength and motor industry expertise with Gridserve’s leading renewable energy work is a perfect partnership to create a new revolutionary green energy future.”

As previously reported by CiTTi, Gridserve plans to build more than 100 electric forecourts across the UK over the next five years.

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