Osprey Charging, one of the UK’s largest public EV charging networks, has secured a substantial multi-bank funding package. A consortium of financial institutions, including Novuna Business Finance (part of Mitsubishi HC Capital UK PLC), Société Générale, Aldermore, and the UK Government’s National Wealth Fund, provides £110 million in senior debt facilities. This funding accelerates the deployment of super-fast EV charging hubs at prime locations across the UK.
Accelerating UK EV Infrastructure and Decarbonization
This significant funding package builds upon Osprey’s strong existing relationship with Novuna. It also fosters new relationships with prominent lenders in the maturing EV charging market. Osprey, furthermore, retains robust support from its original equity investors, Cube Infrastructure Fund II and Investec Bank. The National Wealth Fund recognizes the EV charging market as a key sector for its investments. Its backing for Osprey’s rapid charging rollout directly supports government decarbonization targets. This initiative helps ensure sufficient chargers, inspiring driver confidence and facilitating the switch to EVs before the 2030 ban on new internal combustion engine vehicle sales.
Rachel Reeves, Chancellor of the Exchequer, commented, “We’re investing in Britain’s renewal. We are bringing our infrastructure into the 21st century, improving people’s day-to-day lives, and putting more money into their pockets through economic growth. The National Wealth Fund helps us achieve that change, backing future industries and accelerating Britain’s transition to a clean energy superpower.”
Commitment to Quality and Driver Experience
Osprey stands as one of the UK’s largest public EV charging networks. It consistently provides reliable rapid and ultra-rapid charging infrastructure. Its uptime notably exceeds 99%. In this next deployment phase, Osprey remains committed to prioritizing quality over mere quantity. This approach, for instance, strongly focuses on customer service, reliable operations, and financial strength.
The company’s dedication has earned numerous accolades. Business Green named Osprey its Fast Track Company of the Year in 2025. Zapmap also recognized it as an EV Driver Recommended Network every year from 2021 to 2025. Additionally, Transport + Energy named Osprey the Best EV Rapid Charging Network in both 2023 and 2024. Osprey also holds Great Place to Work™ certification.
Ian Johnston, CEO of Osprey Charging, stated, “We’re delighted that financial institutions support our fantastic, dedicated team’s work. At Osprey, we build the charging hubs customers want – clean and secure, super-fast, easy to use, and easy to pay for. In short, these are places where I would choose to stop and recharge with my family.”
Technology and Strategic Partnerships Underpin Growth
Osprey prioritizes the driver experience. It strategically builds charging sites in optimal locations for customers, avoiding unconstrained growth. This customer-centric approach extends to all vehicle owners, including various fleet sizes. Ongoing investment into technology and data further reinforces this focus. This substantial capital injection therefore consolidates Osprey’s position as a leader in scaling high-quality, sustainable infrastructure.
Philippe Bazin, Head of Sustainable Energy at Novuna Business Finance, commented, “This latest transaction builds on our strong existing relationship with Osprey. It also reflects our shared commitment to accelerating road transportation system electrification. By financing high-quality charging infrastructure and Electric Vehicles, we’re proud to enable practical, scalable solutions for businesses and consumers to shift towards sustainable mobility.”
Similarly, Alex Kipling, Head of Infrastructure Finance, London, at Société Générale, noted that “Osprey will support the UK’s vital transition from internal combustion engine vehicles to electric vehicles. It achieves this by expanding charging infrastructure. We are pleased to support Osprey as they grow their network. This project aligns well with the bank’s ESG ambitions.” Lauren Pamma, Head of Energy and Infrastructure at Aldermore, also affirmed, “We recognize that delivering the right charging infrastructure in the right places is absolutely critical to accelerating electric vehicle adoption across the UK. We’re proud to partner with Osprey Charging. This multi-bank facility underlines our commitment to backing high-quality, sustainable energy projects. These projects deliver real benefits for drivers, businesses, and local communities.”
John Flint, National Wealth Fund CEO, concluded, “The successful transition to EVs is key for net zero. However, this transition heavily relies on ensuring people can access reliable charging where and when they need it. Our financing for Osprey, one of the UK’s leading charge point operators, directly supports the rollout of thousands of new rapid charge points at public locations across the country. This helps drivers switch to electric vehicles and aids the decarbonization of transport in the UK.”
RBC Capital Markets (Financial Advisor) and Linklaters (Legal Advisor) advised Osprey Charging. Conversely, Clifford Chance (Legal Advisor) advised the financial institutions involved.
