Exchequer Secretary to the Treasury Simon Clarke delivered a speech to industry leaders to launch the government’s Charging Investment Infrastructure Fund on Monday 7 October. In partnership with Zouk Capital, the fund will see government investment match all private capital invested for maximum impact. “We were delighted that renewable energy developer Masdar chose to invest £35mn in the fund – which the government topped up to £70mn – for the installation of 3,000 rapid chargers across the country,” Clarke added.

HM Treasury