Quinbrook Infrastructure Partners is making its first investment in sustainable transport by committing up to £100m (€118.2m) to Aegis Energy to support the development of the UK’s first clean, multi-energy recharging and refueling sites for commercial vehicles.
The phased investment will support Aegis’s plan to build a network of hubs serving truck and van operators transitioning to cleaner fuels like electric, hydrotreated vegetable oil, hydrogen, and bio-compressed natural gas.
Five initial stations located in Sheffield, Immingham, Warrington, Corby and Towcester are planned for completion by the end of 2027. Aegis plans to establish a broader network of up to 30 hubs by the end of the decade.
Keith Gains, MD and UK regional lead for Quinbrook, said: “Quinbrook is uniquely placed to capitalise on emerging investment opportunities that drive impactful emissions reduction in hard-to-abate sectors like transport, and supporting innovators like Aegis that are creating new infrastructure investment models.
“Targets under the UK’s zero emission vehicle mandate highlight the existing gaps in the infrastructure needed to provide accessible clean energy to transport fleets. This presents significant opportunities for Aegis Energy to build market-leading refuelling hubs and we look forward to supporting its growth and expansion throughout the country.”
Christopher Thorneycroft-Smith, co-founder at Aegis Energy, said, “Aegis Energy was founded to help decarbonise the largest contributors to the most emitting sector in the UK. There is growing pressure from regulators and consumers for commercial vehicles to decarbonise, making it a necessity for winning new business and maintaining customer loyalty.
“The transition will take time and play out differently for each fleet, but by providing public hubs with multiple clean energy charging and refuelling options, we’re supporting operators to choose how they want to make the transition. Quinbrook’s funding will help us ensure that critical energy infrastructure is reliably available where our customers need it, and support millions of vehicles to make a once-in-a-multi-generational change.”
Rory Quinlan, co-founder and managing partner at Quinbrook, said: “The UK government’s regulatory push to decarbonise the transit fleet creates meaningful opportunities for investment in companies like Aegis Energy that are pioneering this effort,”
“While this represents Quinbrook’s first venture in sustainable transport, it is new and innovative energy transition infrastructure opportunities like Aegis that we are known for and that our investors are seeking exposure to.”
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