Osprey Charging’s continued growth has been backed by a group of financial institutions, accelerating the roll out of super-fast EV charging hubs at prime locations across the UK. The club of lenders, Novuna Business Finance (part of Mitsubishi HC Capital UK PLC), Société Générale, Aldermore and the UK Government's National Wealth Fund, have provided £110m in senior debt facilities.
Osprey is delighted to be building on an existing strong relationship with Novuna, and to create new relationships with lenders in a maturing EV charging market. The company retains strong support from its original far-sighted equity investors, Cube Infrastructure Fund II and Investec Bank.
The EV charging market is seen as a key sector for the National Wealth Fund. Its backing for Osprey’s rapid charging roll out supports Government decarbonisation targets by helping to ensure there are enough chargers to inspire confidence and help drivers make the switch to EVs, ahead of the 2030 ban on sales of new vehicles powered solely by internal combustion engines.
Osprey is one of the UK’s largest public EV charging networks, providing reliable rapid and ultra-rapid charging infrastructure with uptime exceeding 99%. In this next stage of deployment, Osprey will continue to target quality over quantity, reflecting a focus on customer service, reliable operations, and financial strength.
In recognition of this, the company has received multiple accolades including Business Green’s Fast Track Company of the Year in 2025, Zapmap EV Driver Recommended Network every year 2021-2025 and Transport + Energy’s Best EV Rapid Charging Network in 2023 and 2024. Osprey is a certified Great Place to WorkTM.
Osprey prioritises the driver experience by building the right charging sites in the right locations for customers, rather than pursuing growth at all costs. This customer focus extends from drivers to vehicle owners, including fleets of all sizes, and is underpinned by investment into technology and data. The capital injection consolidates Osprey’s position as a leader in scaling high-quality sustainable infrastructure.
Osprey Charging was advised by RBC Capital Markets (Financial Advisor) and Linklaters (Legal Advisor). The financial institutions were advised by Clifford Chance (Legal Advisor).
Ian Johnston, CEO of Osprey Charging, said:
"We’re delighted that financial institutions are supporting the work our fantastic, dedicated team are doing. At Osprey, we build the charging hubs customers want – clean and secure, super-fast, easy to use and easy to pay for. In short, where I would choose to stop and re-charge with my family.”
Rachel Reeves, Chancellor of the Exchequer, said:
“We’re investing in Britain’s renewal, 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 is helping us achieve that change, backing the industries of the future and accelerating Britain’s transition to a clean energy superpower.”
EV drivers can easily find and pay for EV charging with the Zapmap app, and now, since the release of the Zapmap charging card, can choose to pay with either the tap of a card or within the app - both of which provide in-app receipts and a detailed breakdown of each charging session made.
