The Infrastructure and Projects Authority has insisted it is confident there is no conflict of interest in the maiden investment of the Charging Infrastructure and Investment Fund (CIIF).
Government EV charging fund to help 'unleash the power of the market', targeting all geographies and charging speeds
The government’s EV charging fund is to have a broad scope, looking at “all geographical areas” of the UK, all charging speeds and a variety of use cases.
The government’s Charging Infrastructure Investment Fund (CIIF) intends to be the catalyst that drives the UK ahead of the curve in EV charging, a spokesperson for fund manager Zouk Capital has said.
The UK government has formally unveiled its new £400 million Charging Infrastructure Investment Fund (CIIF), boasting a maiden investment from UAE renewables investment group Masdar.
Zouk Capital, the government’s preferred bidder to manage the £400 million Charging Infrastructure Investment Fund, is to prioritise networks over associated technologies, the firm has told Current±.