Morrisons has closed the sale of its petrol forecourts and more than 400 associated sites on its car parks to Motor Fuel Group for £2.5bn.
The 337 forecourts and additional sites will be used by MFG for ultra-rapid electric vehicle charging development.
The deal forms a new strategic partnership between the two companies, with Morrisons taking a 20% stake in MFG.
Morrisons said it planned to use the cash proceeds of £1.8bn to strengthen its capital structure and repay debt.
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