Green startup secures major funding to decarbonise commercial EVs
Aegis Energy is to launch the first clean, multi-energy refuelling hubs for commercial vehicles in the UK with the help of major new funding.
Quinbrook Infrastructure Partners, a specialist global investment manager, has taken a stake in Aegis and pledged £100m in funding to lead the creation of the new hubs for trucks and vans.
An initial five-station network will complete at the end of 2027, with the first station scheduled to open in early 2026. Locations include Sheffield, Immingham, Warrington, Corby and Towcester.
Aegis Energy then plans to create a broader network of up to 30 hubs by the end of the decade, becoming a leader in low carbon infrastructure and e-mobility.
The network of hubs will be designed to meet the needs of all truck and van operators transitioning to cleaner fuels, including electric, HVO, hydrogen and bio-CNG.
In addition to bookable high-speed electric charging, Aegis Energy designs its hubs to serve other low-carbon fuels, including HVO and AdBlue, hydrogen and bio-CNG. Each hub will have the capacity to charge/refuel approximately 40+ HGVs and 25+ vans simultaneously. The hubs will also provide safe and secure truck parking and driver facilities that include clean toilets and showers, good food and calm spaces.
Said to be a UK-first, the hubs will deliver essential infrastructure that will enable more commercial vehicle fleets to decarbonise; each hub is expected to reduce carbon equivalent emissions by 14,300 tonnes per annum.
And Aegis Energy is actively looking to partner with more fleet operators across the UK to help them navigate the transition.
Growing regulatory pressure, along with rising consumer demand for more sustainable products and services, is making the transition to cleaner vehicles a key strategic priority for logistics operators
But the energy transition demands considerable growth in infrastructure provision. Installing depot infrastructure is often impractical or unscalable, particularly where logistics operators lease their premises or there’s a grid constraint. Meanwhile, figures suggest over half (52%) of van drivers have no access to at-home charging.
By building first-of-its-kind public infrastructure, Aegis Energy will deliver an essential missing piece that will enable the next wave of low- and zero-emission trucks and vans to hit UK roads and help drive forward the clean energy transition.
The investment from Quinbrook represents its first foray into sustainable transport, complementing its broad portfolio of net zero transition investments across the UK, US and Australia in areas such as solar and storage, grid support and power solutions for energy intensive industries.
Christopher Thorneycroft-Smith, co-founder at Aegis Energy, said: “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.”
Keith Gains, managing director and UK regional lead for Quinbrook, added: “Targets under the UK’s ZEV 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.”
Cameron Barney Herbst Hilgenfeldt was financial advisor to Aegis Energy alongside ERM (commercial) and Dentons (legal). Quinbrook was advised on the investment by Norton Rose Fulbright (legal), Arup (commercial and technical), PKF Francis Clark (financial and tax) and Locktons (insurance).