From Pulse 2.0 · Amit Chowdhry · · 1m 10s
Ezo Secures €150m EV Charging Facility
Ezo gets €150m debt to build 3,000+ ev chargers across uk and ireland.
In brief
Ezo gets €150m debt to build 3,000+ ev chargers across uk and ireland. Ezo secured €150m for 3,000+ ev charging points in uk and ireland by 2027. Originally reported by Pulse 2.0.
Ezo Secures €150m Facility
Ezo reached financial close on a €150 million investment-grade senior debt facility to finance more than 3,000 electric vehicle charge points across the uk and ireland.
Charging Infrastructure Capacity
The financing supports design, installation, operation, and maintenance of charging infrastructure representing more than 100,000 kw of capacity.
Public Sector Concessions
Most sites will be developed under long-term public-sector concession arrangements with features similar to public-private partnerships.
Revenue Projections
Ezo estimates the charge points could generate well over £1 billion in electricity sales during the next 20 years.
Debt Structure Details
The debt financing was provided by a consortium including aberein investments and standard life, representing the first investment-grade financing for ev chargers in uk and ireland.
Public Sector Contracts
Ezo secured local authority-backed public charging contracts in uk with combined value exceeding £1 billion, including 20-year concessions in northern scotland and 15-year concessions in english midlands.
The takeaway
Ezo secured €150m for 3,000+ ev charging points in uk and ireland by 2027.
