Zouk Capital invests in PE-backed Be Power

The remaining shares in Be Power are controlled by Building Energy, a renewable energy producer owned by private equity firm Aretex Capital Partners, which bought it from ZZ Capital in September 2018.

As part of the deal for Be Power, Zouk appointed Paolo Amato as president and Paolo Martini as CEO of the company.

Zouk has already invested in the electric vehicle charging industry by backing UK-based high-power charging structures specialist Instavolt in 2016, and electric vehicle charging stations provider EO Charging in 2018.

The firm was also recently selected by the UK government to raise and manage a £400m vehicle, Charging Infrastructure Investment Fund, dedicated to the development of public charging infrastructures for electric cars.

Company
Established in 2017 and headquartered in Milan, Be Power operates through two subsidiaries: Be Charge, an electric mobility company; and 4Energia, a specialist in distributed energy resources, transport system operations and energy flexibility.

People
Zouk Capital – Massimo Resta (partner).
Building Energy – Fabrizio Zago (CEO).
Be Power – Paolo Martini (CEO).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Expansion
• Southern Europe
• Infrastructure
• Technology
• Italy
• Zouk Capital
• United Kingdom