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Novuna Business Finance supports evyve with a £15m Development Finance facility

12 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. 

James Moat, CEO of evyve, said: 
”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.”. 

Phiippe Bazin, Head of Sustainable Energy at Novuna Business Finance, commented:  

“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.” 

About evyve 

“evyve is one of the UK’s fastest-growing public electric vehicle charging networks, focused on delivering reliable, accessible, and high-speed charging for drivers nationwide. Through partnerships with leading retail and hospitality brands, including Greene King, evyve is building a customer-centric network of rapid and ultra-rapid charging hubs designed to make EV ownership easier and more convenient for everyone.” 

About Novuna Business Finance 

Novuna Business Finance provides business finance to SMEs and bigger corporations across the UK. This includes asset finance, stocking, block discounting and sustainable project finance provided through brokers, vendor organisations, manufacturers and direct to the business community. 

With an asset portfolio of more than £1.9bn, the business is active across multiple sectors from transport and agriculture to construction and manufacturing and was awarded Best Leasing and Asset Finance Provider at the 2025 Business Moneyfacts Awards. 

The business’ Sustainable Project Finance team is also supporting the development and construction of sustainable energy and transport projects, which are critical to the decarbonisation of the UK’s infrastructure.  

Novuna Business Finance is a trading style of Mitsubishi HC Capital UK PLC, part of Mitsubishi HC Capital Inc., one of the world’s largest and most diversified financial groups, with over 11trn yen (£57bn) of assets.  

 

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