Deals
EQT to Acquire British Electric-Vehicle Charging Firm InstaVolt
- InstaVolt operates 700 charging points across the U.K.
- EV infrastructure not keeping pace with vehicle take-up
Source: InstaVolt
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EQT AB is betting on the rise of green motoring in the U.K. with a deal to buy an operator of electric-vehicle chargers in the country.
The private equity firm’s infrastructure arm has agreed to acquire InstaVolt from Zouk Capital for an undisclosed sum, according to a statement Tuesday.