Guildford's EVC secures £165m chargepoint funding

By Sam Pither

3 March 2023

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Guildford-based EVC has been awarded £165 million by Denham Sustainable Infrastructure (DSI).

The funds will be used to support the delivery of up to 100,000 chargepoints by 2027, with a focus on offering convenient methods to charge electric vehicles integrated into local communities.

EVC funds and installs chargepoints in projects ranging from individual chargers through to larger EV charging hubs under long-term contractual lease agreements at sites including hospitality, leisure and retail venues, workplaces and multi-dwelling residential units.

Nick Ballamy, CEO of EVC, said: “Denham Sustainable Infrastructure’s commitment – one of the largest seen in the UK EV charging infrastructure sector – will turbocharge our ability to provide businesses and customers across the nation with the confidence to make the switch and join the electric vehicle revolution.

“We’re seeing pent-up demand across our markets and this investment will enable us to accelerate delivery to meet those needs. We will deploy our proprietary platform at scale, enabling EV drivers to have easy access to our reliable network.

“For our clients, this is about retaining business and driving additional footfall to their sites. By providing drivers with the confidence to make the switch to electric, we can help the UK meet its ambitious net zero goals.”

Sarah Lane, director at Denham Sustainable Infrastructure, said: “Our partnership with EVC will help deliver convenient and easy-to-use EV charging infrastructure across the UK. EVC’s leadership combines expertise in energy and grid, large scale infrastructure deployment, customer-focused technology systems as well as property and carpark management.

“This unique combination offers a holistic and tailored solution for landlords and EV drivers.”

By Sam Pither

Sam is the Regional Editor of Biz News, responsible for both Hampshire and Dorset.

A new recruit to journalism, Sam started writing for the Business Magazine as a freelancer in May of 2022 after completing his degree in English at University College London. His passion for local businesses and ability to tell a story soon caught the attention of the publication’s management team and have led to his meteoric rise.

Sam, who lives in central Reading, takes a particular interest in technology, gaming and food and drink, having been a chef before starting his degree.