Aberdeen Investments provides €80 million financing to EZO as part of an overall facility of up to €150 million to accelerate EV charging rollout across UK and Ireland

Aberdeen Investments has provided €80 million, anchored by Standard Life, as part of an overall facility of up to €150 million, in debt financing to EZO, the leading privately owned electric vehicle (EV) charging operator in Ireland, supporting the expansion of public charging infrastructure across both Ireland and the UK. 

The transaction marks Aberdeen and Standard Life’s first infrastructure debt investment in the EV charging sector, further expanding its investment activity across transport and energy transition infrastructure.

The financing will help EZO fund new concession opportunities and support the rollout of over 3,000 charging points, representing in excess of 100,000kW of charging capacity, over the next three years. The majority of the new infrastructure is expected to be installed across the UK, with additional deployment in Ireland.

Matt Hamilton-Glover, Investment Director – Private Credit, at Aberdeen Investments said:

“The electrification of transport is one of the most significant infrastructure investment themes of the coming decades, requiring substantial investment in the networks that will support growing EV adoption. We are pleased to provide this financing to EZO as it continues to expand its public charging infrastructure footprint across the UK and Ireland.

“This transaction is particularly notable as it represents the first EV charging investment by our infrastructure debt team. It demonstrates how private capital can support essential infrastructure while helping accelerate the transition to a lower-carbon economy and improving access to charging infrastructure for both urban and rural communities.”

Conor Kelly, CEO of Rubicon, said:

”As the majority shareholder in EZO, we welcome Aberdeen as a funding partner for the company and greatly appreciate the efforts of the Aberdeen team to execute on such a complex transaction. The participation of such a highly respected lender represents a significant vote of confidence in EZO, its team and the long-term infrastructure partnerships EZO has secured. 

“We understand this to be the first example of the application of this framework of financing in the EV charging sector and expect it to become the preferred method of financing for this type of collateral going forward. Together with the EZO management team, we look forward to working with Aberdeen in supporting EZO’s growth in the sustainable transport infrastructure market.”

Manuel Dusina, Head of Real Assets at Standard Life said: 

“The transition to electric transport will require significant investment in charging infrastructure across regions over the coming years. The challenge is ensuring that capital can be deployed efficiently through financing structures that appropriately balance risk and return for investors while supporting the rapid rollout of new infrastructure."

"As public charging networks continue to expand, private capital can play an important role in funding the assets needed to support growing EV adoption. Well-structured financing can help unlock investment at scale, supporting the energy transition while generating the stable, long-term cash flows that can help meet the needs of retirement savers and other long-term investors."

Advancing the energy transition

The investment supports the decarbonisation of road transport and advances the energy transition by expanding reliable, publicly accessible EV charging infrastructure at scale. As EV adoption continues to grow, the availability of convenient public charging remains a critical enabler of the transition, particularly for motorists without access to private charging facilities.

A key focus of EZO's network is destination charging, providing fast charging infrastructure typically ranging from 50kW to 300kW in locations where drivers naturally spend time, such as town centres, leisure destinations and retail locations. This complements the ultra-fast charging networks commonly found at motorway service stations and supports broader access to charging infrastructure in local communities.

Aberdeen Investments has a long track record of investing in transport-related infrastructure through its private markets platform, with the new transaction further broadening its exposure to infrastructure assets that support economic activity and the transition to a lower-carbon future.

Ends

Media enquiries 

Jemma Jackson
Head of Campaigns and Media, Aberdeen
jemma.jackson@aberdeenplc.com
07776 204 610

Yoosof Farah
Campaigns and Media Relations Manager, Aberdeen
yoosof.farah@aberdeenplc.com
07345 441 771

Notes to editors

About Aberdeen Investments:

Aberdeen Investments is a specialist asset manager that focuses on areas where we have both strength and scale across public and private markets, including credit, specialist equities and real assets. 

Our teams collaborate across regions, asset classes and specialisms, connecting diverse perspectives and working with clients to identify investment opportunities that suit their needs.

As at 30 June 2026, Aberdeen Investments managed c.£397.5bn on behalf of clients, including insurance companies, sovereign wealth funds, independent wealth managers, pension funds, platforms, banks and family offices.

www.aberdeeninvestments.com

About Aberdeen Group

Aberdeen is a leading Wealth & Investments group, working to help millions of customers and clients turn their financial goals into reality. As at 30 June 2026, Aberdeen managed and administered c.£579.4bn of client and customer assets across its three core business, interactive investor, Adviser and Investments.

www.aberdeenplc.com 

The value of investments, and the income from them, can go down as well as up and you may get back less than the amount invested. Past performance is not a guide to future results. Tax treatment depends on the individual circumstances of each investor and may be subject to change in the future. We recommend that you seek financial advice prior to making an investment decision.

About Standard Life plc

Standard Life plc is a retirement specialist focused entirely on retirement saving and income.

We are proud to manage £317bn in assets on behalf of our 12 million customers, and we champion the belief that everyone's journey to and through retirement can be better.

We offer our customers a broad range of retirement, investment and protection products across our customer brands which include Standard Life, SunLife, Phoenix Life and ReAssure

Our vision is to be the UK’s leading retirement savings and income business, building on Standard Life’s leadership positions in the workplace pensions, pension risk transfer and individual annuity markets, and our growing retail business. Our award-winning services are backed by industry leading apps and strong customer service.

As a FTSE 100-listed group, we are using our size, expertise and influence to deliver better outcomes for customers.

We’ve set targets to help an additional three million customers take steps toward a better retirement by 2035. We want to play our part in delivering a net zero economy and managing our impact and dependency on nature to shape the world our customers will retire into.

Standard Life is recognised as a leading employer, with long-standing accreditation as a Living Wage Employer, Living Pension Employer and in 2026 became one of Britain’s Most Admired Companies.

The details contained here are for information purposes only and should not be considered as an offer, investment recommendation, or solicitation to deal in any investments or funds and does not constitute investment research, investment recommendation or investment advice in any jurisdiction. Any research or analysis used to derive, or in relation to, the above information has been procured by us for our own use, without taking into account the investment objectives, financial situation or particular needs of any specific investor, and may have been acted on for own purpose. No warranty is given as to the accuracy, adequacy or completeness of the information contained in this communication and no liability for errors or omissions in such information. Readers must make assessments to the relevance, accuracy and adequacies of the information contained in this communication and make independent investigations, as they may consider necessary or appropriate for the purpose of such assessments. Any opinion or estimate contained in this communication, are made on a general basis.  No information contained herein constitutes investment, tax, legal or any other advice, or an invitation to apply for securities in any jurisdiction where such an offer or invitation is unlawful, or in which the person making such an offer is not qualified to do so.

Issued by abrdn Investments Limited, registered in Scotland (SC108419) at 1 George Street, Edinburgh EH2 2LL and authorised and regulated by the Financial Conduct Authority in the UK.