OPTrust and Kingsley Capital Partners to invest £26m in Zapgo.

OPTrust, a global investor, and Kingsley Capital Partners, a private equity, agreed to invest £26m in Zapgo, a UK-based electric vehicle (“EV”) charge point operator. “Zapgo’s launch today unlocks the opportunity for EV adoption by many more consumers in areas of the UK currently underserved by existing charging infrastructure. The investment by OPTrust and Kingsley enables Zapgo to roll out its charging network, break down barriers to EV adoption, and strengthen confidence in the UK’s EV charging infrastructure among consumers. We look forward to working alongside local landowners and planning authorities to deliver this critically important fast charging infrastructure, which promises to bring convenience quickly to existing motorists and the opportunity for EV adoption to many more UK consumers,” Steve Leighton, Zapgo Chief Executive Officer.