Fladgate LLP has advised Zouk Capital on CIIF’s joint venture with multinational telecommunications company Liberty Global.
Liberty Global (to be called Liberty Charge) will roll out on-street residential electric vehicle charging points in the UK.
CIIF is 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. Access to public electric vehicle charging is a key initiative within the UK government’s drive to reduce net carbon emissions to zero by 2050. Providing on-street residential charging is a core component of Zouk’s Charging Infrastructure Investment Fund strategy.
Zouk Capital is the manager of the UK Treasury’s Charging Infrastructure Investment Fund.
Leveraging Virgin Media’s connectivity network, infrastructure deployment capabilities and trusted relationships with local authorities, the 50:50 joint venture – originally set up as an 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.
Graham Spitz (Picture) and Senior Associate Yulia Leyko led the Fladgate team, who were assisted by Partners Tim Wright (Commercial), Mike Tremeer (Employment), Neal Todd (Tax), Alex Haffner (Competition) and Associates Eleanor Green and Gemma Grunewald, and Trainee Joshua Bennett.
Involved fees earner: Eleanor Green – Fladgate LLP; Gemma Grunewald – Fladgate LLP; Alex Haffner – Fladgate LLP; Yulia Leyko – Fladgate LLP; Graham Spitz – Fladgate LLP; Neal Todd – Fladgate LLP; Mike Tremeer – Fladgate LLP; Tim Wright – Fladgate LLP;
Law Firms: Fladgate LLP;
Clients: Zouk Capital LLP;