Osprey Charging Lands £110M Boost from Major Lenders to Power UK EV Expansion

Image: Osprey’s 16-charger ultra-rapid EV charging hub at Buckfastleigh on the Devon Expressway - Credit: Osprey Charging

Osprey Charging has just received a significant boost in its mission to accelerate the rollout of ultra-fast electric vehicle charging hubs at key locations throughout the UK. A group of financial institutions has come together to support the expansion, offering £110 million in senior debt funding.

The lending consortium includes Novuna Business Finance, Société Générale, Aldermore, and the UK Government’s National Wealth Fund. This substantial financial injection will propel Osprey’s next phase of growth, enabling it to deliver reliable EV infrastructure where it’s needed most.

Already, Osprey operates a growing public network of around 1,400 rapid and ultra-rapid chargers across 380 sites. These range from local installations to large-scale hubs on some of the UK’s busiest roads. Whether it’s a convenient spot in town or a central motorway hub, Osprey is working to ensure drivers can count on fast, accessible charging wherever they go.

The company continues to enjoy strong backing from its original equity investors, Cube Infrastructure Fund II and Investec Bank. That sustained support speaks to confidence in Osprey’s long-term vision and its ability to deliver on that vision.

Unlike companies chasing scale for its own sake, Osprey’s strategy is rooted in quality. The company not only funds, installs, and manages its network, but also partners with landlords to bring charging solutions to both new and existing sites. As it enters this next chapter, the focus remains crystal clear: delivering dependable infrastructure, excellent customer service, and long-term financial resilience.

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.”

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.”