BlackRock’s Global Renewable Power platform is to become a shareholder in IONITY, investing a combined €700 million (£592 million) alongside IONITY’s existing shareholders.
The Motor Fuel Group (MFG) is to install c.3,000 150kW and 350kW electric vehicle (EV) chargers at its forecourts by the end of 2030 in a new commitment to electrification.