Addleshaw Goddard advises SSE on joint venture to create EV charging business Source with TotalEnergies
International law firm Addleshaw Goddard is advising SSE on its joint venture with TotalEnergies to create a new major player in EV charging infrastructure in the UK and Ireland.
The new business, which will be launched under the brand Source, will deploy up to 3000 high power charge points over the next five years, meeting demand from EV and fleet owners to provide fast and reliable charging.
The high-power charge points will be grouped in 300 EV hubs in prime locations in and around urban areas and powered by renewable energy provided by SSE and TotalEnergies. Several hubs are already under construction with others being in development.
The AG team advising SSE on the agreement with TotalEnergies was led by Marton Eorsi and Angus Rollo.
Marton Eorsi said: "We are proud to support SSE on this joint venture, which represents a significant leap forward in the decarbonisation of transportation in the UK and Ireland. Meeting government targets for vehicle emissions can only be done by developing the supply infrastructure required by drivers and Source will provide fast and reliable charging services which in turn will help drive the transition."
In the UK, Source will provide the reliable ultra-fast charging infrastructure needed across the country to meet the demand from EV drivers and fleet operators, in light of the UK Government’s zero vehicle emissions mandate for all new cars and vans which is enshrined in law.
