UK rapid electric vehicle charging network InstaVolt has secured £250 million of committed debt financing, to accelerate its expansion.
Since its foundation in 2016, InstaVolt has activated 2,600 rapid chargers across 900 sites throughout the UK, with a further 1,100 chargers in construction.
The new financing aims to deliver growth and support the continued expansion of InstaVolt’s rapid charging network, it said.
Demand for the facility was oversubscribed with a consortium of leading lenders – Close Brothers, Investec, KfW IPEX-Bank, Lloyds, National Wealth Fund, NatWest, Rabobank, Santander and Société Générale:
This combination of public institution backing, high street and institutional finance “reflects the growing confidence of the financial sector in the long-term growth of the UK EV market”, it added.
The announcement comes as the UK charging infrastructure continues to expand at pace, with new data from ZapMap shows there are now more than 1,000 rapid charging hubs – of eight chargers or more – across the UK.
The new facility also underpins investment in new sites, network maintenance, and technology such as Battery Energy Storage Systems (BESS).
Delvin Lane CEO of InstaVolt, said:
“This refinancing marks a major milestone for InstaVolt and for EV charging infrastructure in the UK. The significant interest and confidence from the range of our lending partners reflects the strength of our network, the quality of our operations, and the momentum behind the EV market.
“The latest SMMT data underlines that progress, with BEV registrations up 59% year-on-year in April 2026, demonstrating both growing consumer demand and continued confidence in the transition to electric mobility. This facility will enable us to accelerate our rollout and deliver the reliable, high-quality charging experience that EV drivers deserve now and into the future.”
Image courtesy of InstaVolt
