Trojan Energy secures £26m investment

(L-R) Keith Barclay, investor at BGF, Ian Mackenzie, CEO at Trojan Energy and Nicola Douglas, executive director at Scottish National Investment Bank

Trojan Energy, an on-street electric vehicle charging specialist, has secured a £26m investment to facilitate its growth plans.

The funding round comprises £8m from growth capital investor BGF alongside an £18m follow-on investment by the Scottish National Investment Bank.

Launched in 2016, Trojan Energy’s patented charging technology provides on-street electric vehicle charging. The company wants support the EV transition for nine million households in the UK without...