Believ Secures £300m Investment to Expand EV Charging Infrastructure in UK
Deal News | Jun 09, 2025 | Zouk Capital
Believ, a prominent Electric Vehicle (EV) charge point operator, has successfully secured a significant £300 million investment facility aimed at expanding the UK's public EV charging infrastructure. This investment will facilitate the installation of at least 30,000 new charge points across the nation, thereby enhancing access to EV charging for the growing number of electric vehicle users. This substantial funding round, led by Believ’s joint owners Liberty Global and Zouk Capital, positions the company among the UK’s top-backed charge point operators, highlighting their commitment to advancing sustainable transportation solutions. The involvement of Liberty Global and Zouk Capital underscores the strategic importance of scaling up EV infrastructure in line with the UK's broader environmental and energy transition goals.
Sectors
- Electric Vehicle Infrastructure
- Private Equity
Geography
- United Kingdom – The focus of the article is on expanding EV charging infrastructure across the UK, making it a crucial geographical location for this investment.
- Europe – Zouk Capital, a European-based firm, participates in the investment, indicating the broader European interest in the UK's EV infrastructure development.
Industry
- Electric Vehicle Infrastructure – The article is centered around the development and expansion of electric vehicle charging stations, a critical component of EV infrastructure.
- Private Equity – Zouk Capital, a Private Equity firm, is a key participant in the funding round for Believ, highlighting the role of private investment in infrastructure projects.
Financials
- £300 million – The total investment amount secured by Believ to install new EV charge points in the UK.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Believ | Target Company | Company | An Electric Vehicle charge point operator expanding its infrastructure in the UK. |
| Zouk Capital | Bidding Company | Company | A Private Equity firm leading the funding for Believ's expansion. |
| Liberty Global | Joint Owner | Company | Co-owner of Believ involved in securing and providing the funding. |