KfW IPEX-Bank contributes to a GBP 250 million financing for InstaVolt, a leading public rapid and ultra-rapid charge point operator in the UK. The financing package includes the refinancing of existing facilities as well as an upsize ahead of the next phase of growth.

InstaVolt has an existing network of 2,600 rapid chargers at 900 sites across the UK, with a further 1,100 chargers in construction. Chargers are primarily located at sites with key retail, food & beverage chains. The chargers are 100% powered by renewable energy sources. While the focus of business activity lies on the UK, InstaVolt has started to expand to other European markets: Spain, Portugal, Ireland, Iceland.

“We are glad to have won InstaVolt as a new client” says Aida Welker, Member of the Management Board of KfW IPEX-Bank. “We consider EV charging infrastructure as a core segment in the transition to net zero and the wider energy transition.”

InstaVolt follows the philosophy to make its chargers as easily accessible as possible for drivers of any EV brand: Any electric vehicle that is DC compatible and charges via standard DC connectors can use the rapid chargers which deliver DC charging from 50kW to 160kW. In addition, the InstaVolt chargers can be used without any membership cards or subscriptions.

InstaVolt is owned by infrastructure investor EQT.