Suffolk County Council Partners with Believ for EV Charging Expansion
Deal News | Apr 30, 2025 | Zouk Capital LLP
Suffolk County Council has joined forces with Believ to deploy approximately 6,000 electric vehicle (EV) charge points across the county. This initiative is part of Suffolk County's efforts to facilitate the shift from traditional vehicles to EVs. The sizeable project has been largely funded by a successful £5.3 million application to the UK government's Local Electric Vehicle Infrastructure (LEVI) fund. Zouk Capital LLP, the private equity firm backing Believ, plays a pivotal role in advancing this ambitious infrastructure expansion, underscoring the growing trend towards sustainable energy investment.
Sectors
- Electric Vehicle Infrastructure
- Sustainable Energy Investment
Geography
- United Kingdom – The project is based in the United Kingdom, specifically in Suffolk County.
Industry
- Electric Vehicle Infrastructure – The article discusses the installation of public EV charge points, crucial components of the EV infrastructure.
- Sustainable Energy Investment – The involvement of Zouk Capital LLP highlights the private equity interest in sustainable and renewable energy projects.
Financials
- £5.3 million – Amount secured from the government's Local Electric Vehicle Infrastructure (LEVI) fund.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Suffolk County Council | Partner | Government | The local government body involved in the EV infrastructure initiative. |
| Believ | EV Charge Point Provider | Company | The company partnering to deliver EV charge points across Suffolk. |
| Zouk Capital LLP | Private Equity Firm | Company | The private equity firm backing Believ in this initiative. |
| UK Government | Funder | Government | Provided funding through the Local Electric Vehicle Infrastructure (LEVI) fund. |