Cube Infrastructure Fund II, the second fund of Cube Infrastructure Managers, has committed GBP35 million (US$43.9 million) investment to UK electric vehicle charging network operator Engenie. 

Engenie is set to install over 2,000 EV rapid charging points across the UK. The locations will be strategically placed on accessible public sites, including supermarkets and retail parks, enabling EV drivers to charge quickly and easily at convenience. 

Engenie is also working in partnership with landowners to deliver fully funded and maintained rapid charging units that are powered by 100% renewable energy. In 2018, it has forged a partnership with Marston’s Inns and Taverns, M7 Real Estate and Cardiff Council.