Trojan Energy secures £26m to grow kerbside EV charging network

Trojan Energy has secured £26 million investment from BGF and Scottish National Investment Bank to help achieve its growth plans.

The funding round comprises of £8m from growth capital investor, BGF, alongside an £18m follow-on investment by the Scottish National Investment Bank.

Launched in 2016, Trojan Energy’s chargers sit flush with the pavement, with the aim of leaving streetscapes clutter free, while offering charging speeds of up to 22kW.

provides convenient on-street electric vehicle (EV) charging, supporting the EV transition for nine million households in the UK without access to a driveway.

Ian Mackenzie, CEO at Trojan Energy, said: “We welcome this new investment from BGF and follow on funding from the Bank.

“This funding will allow Trojan Energy to continue its journey and deploy several thousand more charging points across the UK, serving tens of thousands of customers.

“Trojan will be firmly on track to become one of the biggest providers of on-street EV charging in the UK, continuing our work as the world’s largest ‘clutter free’ on-street charging solution.”

The chargers are manufactured at Trojan Energy’s headquarters in Aberdeen with headcount now standing at 68.

It began testing its ‘flat and flush’ on-street EV charge points in the London boroughs of Brent and Camden in 2020. 

Trojan Energy has also developed the ‘Deicer’ system to alert drivers when a charger and charging bay becomes available.

The new investment from BGF and the Bank will support the continued rollout of Trojan Energy chargers across the UK.

The company recently partnered with Barnet council to install around 1,300 on-street charge points, and there is a strong pipeline of new opportunities across the UK, including in England as part of the Local Electric Vehicle Infrastructure (LEVI) fund.