Osprey secures multi-bank funding package
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.
London, 15th July 2025: 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 Work.
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).
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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.
Ian Johnston, CEO of Osprey Charging
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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.
Rachel Reeves, Chancellor of the Exchequer
Philippe Bazin, Head of Sustainable Energy at Novuna Business Finance comments: “This latest transaction builds on our strong existing relationship with Osprey and reflects our shared commitment to accelerating the electrification of our road transportation systems. By financing high-quality charging infrastructure and Electric Vehicles, we’re proud to be enabling practical, scalable solutions for businesses and consumers to make the shift to sustainable mobility.”
Alex Kipling, Head of Infrastructure Finance, London, at Société Générale, said: "Osprey will support the UK’s vital transition from internal combustion engine vehicles to electric vehicles by expanding charging infrastructure. We are pleased to support Osprey as they grow their network, a project that aligns well with the bank’s ESG ambitions."
Lauren Pamma, Head of Energy and Infrastructure at Aldermore, said: “We recognise 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 and this multi‑bank facility underlines our commitment to backing high‑quality, sustainable energy projects that deliver real benefits for drivers, businesses and local communities.”
John Flint, National Wealth Fund CEO, said: “The successful transition to EVs is key for net zero but this relies heavily 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, will directly support the roll out of thousands of new rapid charge points at public locations across the country, helping drivers to make the switch to electric vehicles and the decarbonisation of transport in the UK.”
Ralph Ibendahl, Global Head of Energy Transition at RBC Capital Markets, said: “We are delighted to have advised Osprey and its shareholders on securing a £110m financing package. With EV adoption set to accelerate due to the availability of affordable vehicles and the pressing need for public charging infrastructure, this funding will enable Osprey to make significant strides in decarbonising UK transport and fostering greater EV adoption.”
Ross Schloeffel, Energy and Infrastructure Partner at Linklaters, said: “We are delighted to have advised Osprey on this landmark financing – among the first for EV charging businesses globally. Bringing together UK and international financial institutions, the success of the financing highlights the growing maturity of the EV Charging sector and its emergence as critical infrastructure in the UK and beyond.”
ENDS
Notes to editors
Contact: Dora Clarke, Osprey Charging Network
[email protected]
About The National Wealth Fund (NWF):
The NWF has provided £25m in debt financing.
The National Wealth Fund (NWF) is an investor, operating as a bank, to drive investment into the UK’s clean energy and growth industries in support of government policy. The NWF aims to mobilise private capital around the government’s strategic priorities, including delivery of the forthcoming industrial strategy.
The NWF is based in Leeds and has £27.8bn of finance to deploy across the capital structure, including loans, equity investments and guarantees. The NWF also provides commercial and financial advisory services and market leading lending to local authorities across the UK. The Fund is wholly owned by HM Treasury but is operationally independent from government.
Osprey Charging's ESG Credentials:
Osprey is ISO accredited in the following, last audited May 2025:
· ISO 9001 (Quality Management Systems)
· ISO 14001 (Environmental Management Systems)
· ISO 45001 (Occupational Health & Safety)
In 2024 Osprey undertook a comprehensive Carbon Footprint Project to calculate full Scope 1-3 emissions, with carbon lifecycle accounting following the Greenhouse Gas Protocol standards.
Osprey has Zero Scope 2 emissions from its electricity by procuring 100% renewably for its charge points, fulfilled through a combination of direct renewable generation Power Purchase Agreements and Ofgem-issued green power (REGO) certificates. In the 12 months to June 2025, Osprey enabled carbon savings of 20 million kg of tailpipe CO₂.[1]
The business has a formal Carbon Reduction Plan with targets and measurable outcomes to reduce emissions further. This includes installing energy efficient technologies and infrastructure on site, a range of supply chain and contractor initiatives, local authority-approved biodiversity plans, and internal tools.
Osprey is also preparing to adopt Science-Based Targets using new emissions baseline, aligning with Race to Zero principles and the UNFCCC ambitions. A governance structure is in place to support formal commitments.
Osprey is Level 1 Disability Confident Committed and follows inclusive hiring practices. The business has Mental Health and Mental Health First Aid policies in place. Osprey’s Diversity, Equity and Inclusion network is active and employee-run.
Osprey utilises structured risk registers and a formal incident reporting system, with transparent annual ESG reporting to management and external stakeholders that includes cyber security and GDPR compliance reviews.
Awards:
Zapmap EV Driver Survey:
· Top 3 Large Rapid/Ultra-rapid Networks, 2024
· EV Driver Recommended Network: 2021, 2022, 2023, 2024, 2025
Electric Vehicle and Innovation Awards:
· Chargepoint Network of the Year, 2023 and 2024
· Private Sector Infrastructure Strategy of the Year, 2023 and 2024
· Charging Destination of the Year, 2023
Transport + Energy Awards:
· Best EV Rapid Charging Network, 2023 and 2024
Osprey is a Great Place to Work Certified™ Company and is on the Best UK Workplaces List 2025. More information can be found at ospreycharging.co.uk.
[1] Calculation based on 289g CO2/mile for an average ICE passenger car and EV efficiency of 3.24 miles driven per kWh delivered
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