Liberty Global Ventures and Zouk Capital have announced a joint venture partnership, Liberty Charge, which will roll out on-street residential electric vehicle charging points in the UK, the companies said.
Zouk is the manager of the Charging Infrastructure Investment Fund (CIIF), the dedicated fund established by the UK Government in 2019 and backed by HM Treasury to help develop public charging infrastructure points for electric vehicles throughout the UK.
Leveraging Virgin Media´s connectivity network, infrastructure deployment capabilities and trusted relationships with local authorities, the 50:50 joint venture – originally set up as a small incubation initiative within Liberty Global Ventures last year – will focus on providing the under-the-pavement power and communications infrastructure necessary for electric vehicle charging in residential areas.
Neil Isaacson, who has been Liberty Charge´s market development activities, has been appointed CEO of the venture.
Information on Liberty Charge can be found at www.libertycharge.co.uk.
Zouk Capital is a sustainable infrastructure and growth technology fund manager. Zouk´s distinctive dual-track strategy capitalises on the commercial opportunities created by a global shift to greater resource efficiency, decarbonisation of industries and sustainability.
Liberty Global is one of the world´s converged video, broadband and communications companies, with operations in six European countries under the consumer brands Virgin Media, Telenet and UPC. We invest in the infrastructure and digital platforms that empower our customers to make the most of the digital revolution.