Infinium Secures £5 Million in Growth Capital and Andy Martin as Chairman
News
June 19, 2024
June 19, 2024
lysara_admin
lysara_admin
Infinium Logistics, the European asset management and energy transition specialist, announces that it has secured an additional £5 million in growth capital, concluded a strategic review and appointed Andy Martin as its Chairman. The moves position it for its next stage of expansion as it supports the energy transition of commercial transport.
New Growth Capital Injection
Infinium has successfully secured an additional £5 million in growth capital, further reinforcing its mission to lead the energy transition of commercial transport. The fresh capital will enable it to invest for the future, expanding its platform and customer product proposition, as it looks to play a pivotal role in the new generation of clean energy transport infrastructure.
Chairman Appointment
Infinium has appointed Andy Martin, a titan in the Commercial Real Estate sector with over 45 years’ experience, to the role of non-executive Chairman. His impressive track record includes over 30 years at Strutt and Parker and, following its merger, the role of UK CEO of BNP Paribas, where he was responsible for its UK operations, managing the integration of the two companies, creating a new business plan and setting up a new board for succession. Joining Strutt and Parker in 1985, in 1990 he became the youngest Full Equity Partner to date and subsequently spent eight years as a Senior Partner, playing an integral part in leading the recovery of the business post global financial crisis. He was also Chair of the investment Property Forum and UK Urban Land Institute. Alongside his role as Chairman of Infinium, Andy is also Vice President of the Muscular Dystrophy campaign and holds several other Senior Advisor and Chairman and Board Director positions.
Andy Martin, Chairman of Infinium Logistics, commented: “I have enjoyed playing a leading role in the creation of new real estate markets, being early in business parks, logistics parks and, more recently, the life sciences sector. Infinium has positioned itself well to lead the energy transition in real estate. I believe this is an exciting new prospect that offers a terrific match for my skills and experience – creating an essential asset class to meet the challenge of reducing carbon emissions and cleaning up the air in our cities. I look forward to working with the Infinium team.”
James Lee, Founder of Infinium Logistics, added: “I welcome Andy’s appointment to Chair of Infinium. The business has grown and taken shape considerably since its foundations in 2020, and Andy brings with him a wealth of experience and knowledge to support the Board and the business in its most significant growth stage over the coming months and years. I look forward to working alongside Andy moving forward.”
Focus on the Energy Transition of Transport
Following a strategic review, Infinium has refined its key focus areas to concentrate on building its European asset management capabilities and business solutions that support the energy transition of commercial transport. Infinium is committed to pioneering large-scale Electric Vehicle (EV) charging infrastructure powered by renewable energy. In 2022 it launched its FleetHubs property investment platform, which combines commercial real estate, technology and low carbon energy infrastructure to create the next generation of parking and charging assets that drive the lowest price and carbon electricity solution for global fleets. The platform has already secured its first five strategic assets in the UK, with an active pipeline of further assets across Europe.
Phil Bayliss, CEO of Infinium Logistics, said: “Infinium is dedicated to supporting the greener and smarter future of fleet management, and the wider clean energy transition of global commercial transport. It does this through the creation of next generation real estate products and energy systems that align with our customers’ vision for a sustainable and efficient transportation ecosystem. Having restructured our business to set ourselves up for success, we look forward to helping our customers to deliver a bright and sustainable future – innovating and shaping the future of transportation, while they save money and win new revenue.”
With a mission to lead the rapid energy transition of transport by Decarbonising, Electrifying and Optimising fleets, Lysara launched its dedicated EV fleet charging real estate platform in 2022. The platform’s first major investment was in Swindon and this was followed earlier this year by the acquisition of an EV charging facility let to Amazon in Banbury for £28m.
Lysara currently has an extensive pipeline in advanced discussion through which it looks to develop a portfolio of electrified FleetHubs in key industrial locations across Europe. It is targeting brownfield sites of over three acres as close to key logistics hubs as possible.
McKinsey & Company: Why the economics of electrification make this decarbonization transition different.
McKinsey & Company: Why the economics of electrification make this decarbonization transition different.
Get in touch to find out more about how Lysara can help you find the solutions you need.
