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Aldermore provides £25m funding package to boost Osprey’s EV charging hub rollout

by July 15, 2025
July 15, 2025
Aldermore provides £25m funding package to boost Osprey’s EV charging hub rollout

Aldermore Bank has committed £25 million in funding to support the rapid expansion of Osprey Charging’s nationwide network of ultra-fast electric vehicle (EV) charging hubs.

The funding forms part of a wider £110 million senior debt facility co-arranged with a lending group including Novuna Business Finance, Société Générale, and the UK Government’s National Wealth Fund. The capital injection will enable Osprey to accelerate the deployment of high-performance EV charging infrastructure at key locations across the UK.

The move supports the UK’s transition to zero-emission transport ahead of the 2030 ban on new petrol and diesel vehicle sales, helping to meet rising demand for public EV charging and remove barriers to adoption.

Founded in 2016, Osprey Charging is now one of the UK’s leading public charging networks, delivering rapid and ultra-rapid charging with uptime exceeding 99%. The company places strong emphasis on customer experience, ensuring that charging hubs are located for maximum convenience and reliability.

Rather than prioritising sheer volume, Osprey’s growth strategy focuses on building trusted charging destinations that deliver value for drivers, with robust operations and long-term financial sustainability.

The company’s success has been recognised with several industry accolades, including Business Green’s Fast Track Company of the Year 2025, Zapmap’s EV Driver Recommended Network for five consecutive years, and Best EV Rapid Charging Network by Transport + Energy in both 2023 and 2024.

Lauren Pamma, Head of Energy and Infrastructure at Aldermore, commented: “Getting the UK ready for the EV transition means delivering infrastructure that drivers can count on. Osprey’s approach of putting customer experience and site quality at the heart of their strategy aligns perfectly with our commitment to backing sustainable, future-ready businesses.”

Ian Johnston, CEO of Osprey Charging, added: “We’re thrilled to be starting a new relationship with Aldermore, whose support is helping us deliver reliable, customer-focused charging at scale. Their funding will directly support our mission to build charging hubs that drivers trust and value – places I’d be happy to stop and recharge with my own family.”

As EV adoption continues to climb and the UK’s charging infrastructure scales up to meet demand, this funding marks a significant milestone in delivering clean, convenient transport solutions nationwide.

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Aldermore provides £25m funding package to boost Osprey’s EV charging hub rollout

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