# EDF acquires majority stake in Pod Point in joint venture with Legal & General

EDF acquired a majority stake in Pod Point, forming a joint venture with Legal & General Capital. Legal & General will take a c.23% stake in the joint venture.

- Type: Acquisition
- Announced: 2020-02-13
- Where: United Kingdom
- Status: completed
- Products: EV charging infrastructure
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [EDF](https://endata.com/companies/771.md) (acquirer)
- [Legal & General Capital](https://endata.com/companies/9983.md) (partner)
- [Pod Point](https://endata.com/companies/45245.md) (target)

## Sources

- [podenergy.com](https://podenergy.com/news/electric-car-no-driveway), 2020-02-13: "We're thrilled to announce that EDF have acquired a majority stake in Pod Point, as part of a newly-formed joint venture with Legal & General Capital."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
