Evolution Infrastructure acted as model auditor to Osprey Charging on its successful £110 million multi-bank debt package, which will accelerate the roll out of super-fast EV charging hubs across prime UK locations.
The debt facilities were provided by a syndicate of lenders comprising Novuna Business Finance (part of Mitsubishi HC Capital UK PLC), Société Générale, Aldermore, and the UK Government’s National Wealth Fund. The investment underscores the strategic importance of EV charging in delivering the UK’s net zero and transport decarbonisation targets.
Osprey is one of the UK’s largest public EV charging networks, operating with an uptime of over 99%. With a focus on quality over quantity, Osprey is prioritising customer service, reliable operations, and financial strength as it continues to scale. This next phase of deployment will significantly increase access to rapid and ultra-rapid charging infrastructure, supporting the UK’s transition away from internal combustion engine vehicles ahead of the 2030 ban.
Hamish Tulloch, Partner at Evolution Infrastructure said:
“We are delighted to have supported Osprey Charging on this landmark financing. High-quality charging infrastructure is a cornerstone of the UK’s EV transition, and this raise will help Osprey continue delivering the reliable, customer-focused network it is known for.”
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