Zenobē Energy Secures £241 Million Debt Financing for EV Fleet Expansion

Zenobē Energy, a leading UK EV fleet and battery storage specialist, has secured £241 million in debt financing to accelerate the expansion of the EV fleet sector

This innovative funding platform, advised and structured by NatWest, draws on support from several financial institutions and will enable Zenobē to service and finance up to 430 new e-buses in the UK and Ireland

The company has also raised over £220 million in equity since 2017, including a £150 million investment from Infracapital in 2020

This transaction is an innovative and bespoke funding package that will play a vital role in financing Zenobē's turnkey fleet electrification offering.