Go Zero and Rolec EV have secured a £100 million debt financing facility to accelerate the build-out of destination charging locations across the United Kingdom. The capital addresses a critical gap in the UK's EV infrastructure, particularly for workplace and leisure destination sites where chargers remain sparse.
Both firms are positioning themselves to capture share in a market where destination charging—rather than fast-charging hubs—represents a significant capex opportunity. The two companies' scale and combined financing signal investor appetite for infrastructure play in the EV sector, even as deployment costs and grid interconnection challenges persist.
For installers and electrical contractors, the expansion means potential project flow from site surveys through to cable runs and grid connections. Destination sites typically require mid-range 7kW to 22kW chargers, often bundled with commercial power solutions—a different spec profile from rapid charging networks.
The financing also reflects confidence that destination charging margins can sustain debt repayment, a question some regional operators still face as subsidy support evolves. Firms watching cashflow on site deployment should track how quickly Go Zero and Rolec EV can move from planning to grid approval on their expanded pipeline.
