Infinium Logistics recently bolstered its electric vehicle (EV) charging real estate fund, FleetHubs, by injecting \u00a340 million (\u20ac46 million) into the acquisition of three strategic sites across the United Kingdom. Managed in partnership with GreenPoint Partners, this move significantly expands the fund’s capital allocation, which now exceeds \u00a370 million.<\/p>\n
Infinium, responsible for the development and management of these assets, has earmarked an additional \u00a350 million for subsequent development endeavors. Furthermore, they have a robust pipeline of assets currently in advanced negotiation stages.<\/p>\n
FleetHubs, introduced in 2022 with strong backing from GreenPoint Partners and an impressive investment capacity of \u00a3500 million, has been making strategic investments. Notably, it initiated its portfolio with a substantial investment in Swindon and, earlier this year, acquired an EV charging facility leased to Amazon in Banbury for \u00a328 million.<\/p>\n
The most recent transaction encompasses the purchase of the Heathrow Flightpath car park for \u00a322.5 million from Aprirose, along with the acquisition of development sites in Sheffield and Surrey.<\/p>\n
Tom Markwell, investment manager at Infinium, said the Heathrow Flightpath site presents Infinium with a \u201cprime opportunity to showcase our commitment to delivering a more functional, sustainable, tech-enabled transportation ecosystem and a cleaner, greener future\u201d.<\/p>\n
Phil Bayliss, CEO of Infinium Logistics, said: \u201cHelping to deliver the clean energy transition through the electrification of commercial transport in real estate is an extraordinary opportunity.<\/p>\n
\u201cThe role that the real estate sector can play as architects of a cleaner, greener mobility future is enormous and our generation\u2019s defining, watershed moment in the drive towards a sustainable future. It will all start with great sites in high-demand locations and these investments do just that.\u201d<\/p>\n
Tom Gough, investment director at Infinium, said: \u201cThese asset locations have been a primary focus for the past 12 months, so to land the three deals in such quick succession is a huge achievement for the business.<\/p>\n
\u201cThey represent key locations for which critical EV infrastructure is needed and in turn will aid transport operators to transition to fully electric fleets and realise significant cost and operational efficiencies in doing so.\u201d<\/p>\n
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Infinium Logistics recently bolstered its electric vehicle (EV) charging real estate fund, FleetHubs, by injecting \u00a340 million (\u20ac46 million) into the acquisition of three strategic sites across the United Kingdom. Managed in partnership with GreenPoint Partners, this move significantly expands the fund’s capital allocation, which now exceeds \u00a370 million. Infinium, responsible for the development and […]<\/p>\n","protected":false},"author":1,"featured_media":5852,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[163],"class_list":["post-3080","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-vehicle","tag-sheffield"],"yoast_head":"\n