Roam, a leading UK electric vehicle (EV) infrastructure company, has secured £65 million in debt financing to accelerate the nationwide expansion of its destination charging network, with plans to roll out 40,000 EV charging sites across the country.

The funding round was led by a consortium of major lenders including National Wealth Fund, NatWest, and Triodos Bank UK, and builds on previous investment from Denham Sustainable Infrastructure. The deal represents one of the first major corporate debt transactions in the UK’s EV fast-charging sector, highlighting both market confidence and the growing demand for sustainable transport solutions.

Roam’s destination charging model focuses on locations where people naturally park their vehicles, such as workplaces, hotels, residential complexes, and leisure centres. The company has already installed more than 3,000 charging points and has secured exclusivity agreements for a further 5,500. The new £65 million financing will accelerate this rollout, helping Roam meet rising geographical demand and support the UK’s transition to a zero-emission transport system.

Through partnerships with organisations such as QHotels and David Lloyd, Roam aims to make EV charging a convenient and accessible part of everyday life.

The UK currently hosts around 85,000 public charging points, serving more than 1.7 million electric vehicles on the road. With electric and hybrid vehicles now accounting for over half of new registrations, the need for reliable and accessible charging infrastructure continues to grow.

Roam’s expansion aligns closely with the UK Government’s Zero Emission Vehicle (ZEV) mandate, which will phase out the sale of new petrol and diesel cars by 2030. The company’s AC charging solutions provide a cost-effective and lower-carbon alternative to rapid chargers, offering lower capital requirements and attractive financial returns.

The £65 million financing marks a significant milestone for Roam and for the wider UK EV infrastructure market. It reinforces the confidence of leading financial institutions in Roam’s business model and its contribution to the UK’s net-zero goals. The investment will help deliver a more extensive, affordable, and sustainable charging network, supporting the transition toward cleaner transport and a decarbonised future.