Legal & General Capital (“Legal & General”) announces that it has taken a c.13% stake in Pod Point, one of the UK’s largest electric vehicle charge point operators.
5 Mar 2019
Through its Future Cities business, Legal & General looks to make investments that are focused on creating sustainable communities with good employment opportunities, high quality and varied housing in a digitally-connected and clean environment. Legal & General believes that electric vehicles will be an integral part of delivering that clean environment and transforming the UK’s transport systems.
As the demand for electric vehicles continues to increase, so does the need for affordable, easy-to-use and easy-to-access charging infrastructure. Pod Point are one of the UK’s leading companies in providing electric vehicle charging solutions for homes, the workplace and commercial organisations, with a focus on delivering strong customer satisfaction.
John Bromley, Head of Clean Energy for Legal & General’s Future Cities business: "...Our investment in Pod Point anticipates a clean, electric and digital energy future that will be accessible and affordable for all."