Novuna Business Finance supports evyve with a £15m Development Finance facility
Wednesday 12th November 2025
Last updated: 12th November 2025
Novuna Business Finance has recently supported evyve, an Electric vehicle charging network owner and operator, with a £15m development finance facility to accelerate the rollout of 1,000 DC and ultra-rapid chargers by 2028.
With over 380,000 EVs sold in the UK last year, the demand for high-speed charging is surging. This strategic funding marks a significant milestone in evyve’s mission to expand access to reliable, high-speed EV chargers at key destinations including retail and leisure outlets, business parks and restaurants.
As the UK targets 300,000 public charge points by 2030 (c87,000 are currently deployed), this partnership helps evyve to fast-track deployment, ensuring EV drivers benefit from convenient and accessible charging wherever they travel. The collaboration highlights Novuna Business Finance’s commitment to green infrastructure and its role in financing sustainable transport projects nationwide.
"Securing this £15m facility in today’s investment climate is a testament to the credibility, performance, and resilience of our business. We’re building a charging network that drivers can depend on — fast, reliable and easy to use — and this partnership with Novuna Business Finance allows us to accelerate that mission across the Greene King estate and beyond.”
James Moat
CEO
evyve
“We are pleased to announce this finance package for evyve, as it reflects our shared commitment to accelerating the UK’s transition to sustainable transport. evyve’s focus on delivering high-quality, user-centric charging experiences aligns perfectly with the Novuna Business Finance ambition to finance infrastructure that drives real-world impact. We’re proud to support evyve as they scale their network and bring reliable, rapid charging to communities across the country.”
Philippe Bazin
Head of Sustainable Energy
Novuna Business Finance