Roam, an operator of electric vehicle (EV) infrastructure in the United Kingdom backed by Denham Capital, recently raised £65 million ($85 million) in one of the first corporate debt deals for the U.K. EV fast-charging space. The financing was provided by a consortium of three established lenders: the National Wealth Fund, NatWest and Triodos Bank UK.
“We’re delighted to have the support of these major and trusted lenders, which is a credit to the growing institutional investor confidence in the business case for investing in the zero-emission transportation industry,” said James Randall, CEO of Roam. “This debt facility will allow us to respond to geographical demand patterns for EV charging across the United Kingdom, providing reliable, affordable and easily accessible infrastructure to give our customers the reassurance they need to join the electric vehicle revolution.”
Roam installs and manages alternating current — or fast-charging — points in loca
