Supporting InstaVolt in financing the expansion of its EV Charging network
NIBC enables InstaVolt to expand its reliable and easy-to-use EV Charging network. The company is aiming to build a nationwide network of 10,000 rapid EV chargers by 2032, facilitating the fast transition to electric vehicles. In this financing NIBC was part of a lending club with Santander, Lloyds Bank, Investec and Matixis.
This financing represents an exciting milestone for the NIBC Infrastructure team, being the first debt financing in the energy transition space. It reflects NIBC’s ambitions to support the roll-out of EV charging infrastructure. NIBC finances energy transitions for clients who are leading the way in areas such as EV charging infrastructure, electricity grid balancing and storage infrastructure in the Netherlands, United Kingdom and Germany.