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IN BRIEF: Good Energy invests further GBP1 million in Zap-Map

9th Apr 2021 14:00

Good Energy Group PLC - Chippenham, Wiltshire-based renewable electricity supplier - Makes further GBP1 million investment into electronic vehicle mapping service subsidiary Zap-Map's parent company Next Green Car Ltd. Says the investment comprises three tranches of investment throughout 2021 in the form of convertible loan notes.

Zap-Map enters heads of terms agreement with Fleetcor UK. Says agreement is to integrate its Zap-Pay solution with the Allstar payment platform.

"The partnership with Fleetcor is a great example of two leaders in their fields collaborating to solving and simplifying a complex problem for businesses as they transition to electric motoring. The solution will help to make charging simple for business electric vehicle drivers at scale, increase adoption and help drive the UK towards zero emission motoring," says Juliet Davenport, Good Energy founder & chief executive, and Zap-Map chair.

Current stock price: 221.80 pence

Year-to-date change: up 25%

By Zoe Wickens; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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