Arrow Global plugs in to EV charging sector following acquisition deal
Arrow Global, the Manchester-based European investor and alternative asset manager in credit and real estate, has acquired an EV charging hubs specialist, for an undisclosed sum.
London-based Blue Current Capital is an ESG-focused real estate asset manager dedicated to the development of electric vehicle (EV) charging hubs.
Arrow Global said the acquisition underscores its commitment to investing in opportunities which focus on generating positive social or environmental outcomes alongside financial returns, particularly those focusing on the decarbonisation of transportation.
The investment will allow Arrow to access a rapidly growing market, remain at the forefront of real estate investment trends, and contribute significantly to a greener, more sustainable future.
Under the terms of the deal, BCC will sit alongside Arrow’s Eagle Street Partners’ real estate development platform, further solidifying Arrow’s focus on real estate investments and adding a distinctive ESG component to its portfolio.
This move will position Arrow as an early adopter in the delivery of scaled EV charging infrastructure designed for major fleet operators, a strategy driven by corporate net zero aspirations and government regulation in respect to carbon emissions, it said.
Craig Hawthorne, Arrow Global director investments, said: “The acquisition of BCC fortifies our capabilities in the logistics sector and allows us to seize early-mover advantage in this high growth, ESG-aligned investment arena.
“The alignment with Eagle Street will enable BCC to leverage our established infrastructure to accelerate their ambitious business plans, starting in the UK and Ireland before extending out across key European cities.”
BCC, founded in 2020 by Max Botschen and Nickolas Blackburn, pioneers purpose-built, multi-storey EV charging hubs. Their future-oriented vision aligns with the Government’s goal of a full transition to zero-emission vehicles by 2035.
Nickolas Blackburn said: “In an era where major fleet operators are committed to electrification, charging infrastructure must keep pace.
“Our partnership with Arrow provides the support needed to expand this mission-critical infrastructure and ensures fleet operators can meet their electrification targets, paving the way for a greener future for logistics.”
