Aldermore Bank has provided £25 million in funding to Osprey Charging as part of a wider £110 million senior debt package that will accelerate the development of rapid electric vehicle (EV) charging hubs across the UK.

The financing forms part of a multibank facility that includes Novuna Business Finance, Société Générale and the UK Government’s National Wealth Fund.

It will support Osprey’s continued national rollout of high-speed charging stations at key roadside and retail locations, aimed at keeping pace with rising EV adoption ahead of the 2030 ban on new petrol and diesel vehicles.

Osprey, which was founded in 2016, has grown into one of the country’s largest public charging networks, with reliability levels that the company says exceed 99%.

The firm’s strategy places emphasis on convenience and customer experience, selecting high-traffic, accessible sites and prioritising operational uptime.

The funding will support Osprey’s next phase of growth, which continues to prioritise quality over scale, according to the business. Its expansion plan is built around driver confidence, sustained infrastructure investment and service-led operations.

Osprey has received numerous industry accolades in recent years, including Business Green’s Fast Track Company of the Year 2025 and repeated recognition from Zapmap and Transport + Energy for its customer satisfaction and performance across the EV charging space.

Lauren Pamma, head of energy and infrastructure at Aldermore, said: “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. We’re proud to support their continued expansion by participating in this multibank facility.”

Ian Johnston, chief executive of Osprey Charging, welcomed Aldermore’s involvement, noting that the bank shared the firm’s focus on delivering a reliable and accessible charging network.

“We’re thrilled to be starting a new relationship with Aldermore, whose support is helping us deliver reliable, customer-focused charging at scale,” he said.

“Aldermore understands the urgency of building high-quality EV infrastructure, and we share a belief that businesses can, and must, lead the way in enabling the UK’s transition to clean transport.

“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.”