EZO
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EZO Secures €150 Million Senior Debt Facility To Accelerate EV Charging Expansion Across The UK And Ireland
EZO has closed a €150 million investment grade, non recourse senior debt facility to finance more than 3,000 charge points representing over 100,000 kW of capacity across the UK and Ireland. The financing, provided by a consortium including Aberdeen Investments and Standard Life, will support design, installation, operation and maintenance of infrastructure primarily under long term public sector concession arrangements. EZO estimates the charge points could generate over £1 billion in electricity sales over the next 20 years, with revenue ring fenced to repay the debt over seven years.
Why it matters
This represents the first investment grade financing of its type for EV chargers in the UK and Ireland, demonstrating bankability of public sector concession models and potentially unlocking similar structures for other CPOs. With EZO holding UK local authority contracts valued at over £1 billion and expecting Britain to become its primary market by 2027, the deal signals growing institutional confidence in long term public charging revenue streams.