Standard Life has anchored €80 million of debt financing provided by Aberdeen Investments to EZO, as part of an overall facility of up to €150 million. The financing will support the expansion of public electric vehicle (EV) charging infrastructure across Ireland and the UK by EZO, the leading privately owned EV charging operator in Ireland.

The financing will help EZO fund new concession opportunities and support the rollout of over 3,000 charging points, representing in excess of 100,000kW of charging capacity, over the next three years. The majority of the new infrastructure is expected to be installed across the UK, with additional deployment in Ireland.

As a retirement specialist, Standard Life invests with a long-term perspective, seeking opportunities that can help meet the needs of retirement savers while supporting the economy and communities in which they will retire. The EZO financing brings those priorities together by backing essential transport infrastructure and supporting the transition to a lower-carbon economy.

 The transaction marks Standard Life's first infrastructure debt investment in the EV charging sector, with Aberdeen Investments originating and managing the investment on its behalf.

Manuel Dusina

As a long-term retirement investor, we have a responsibility to invest in assets that can deliver sustainable returns for our customers while supporting the economic and environmental transition taking place across society. This financing demonstrates how institutional capital can help fund the infrastructure required to accelerate the adoption of electric transport. As demand for charging networks continues to grow, the key is structuring investments that appropriately balance risk and return for investors while providing the long-term capital needed to scale critical infrastructure

As public charging networks continue to expand, private capital can play an important role in funding the assets needed to support growing EV adoption. Well-structured financing can help unlock investment at scale, supporting the energy transition while generating the stable, long-term cash flows that can help meet the needs of retirement savers and other long-term investors.

- Head of Real Assets at Standard Life

Matt Hamilton-Glover

The electrification of transport is one of the most significant infrastructure investment themes of the coming decades, requiring substantial investment in the networks that will support growing EV adoption. We are pleased to provide this financing to EZO as it continues to expand its public charging infrastructure footprint across the UK and Ireland.

This transaction is particularly notable as it represents the first EV charging investment by our infrastructure debt team. It demonstrates how private capital can support essential infrastructure while helping accelerate the transition to a lower-carbon economy and improving access to charging infrastructure for both urban and rural communities.

- Investment Director – Private Credit, at Aberdeen Investments

Conor Kelly

As the majority shareholder in EZO, we welcome Aberdeen as a funding partner for the company and greatly appreciate the efforts of the Aberdeen team to execute on such a complex transaction. The participation of such a highly respected lender represents a significant vote of confidence in EZO, its team and the long-term infrastructure partnerships EZO has secured. We understand this to be the first example of the application of this framework of financing in the EV charging sector and expect it to become the preferred method of financing for this type of collateral going forward. Together with the EZO management team, we look forward to working with Aberdeen in supporting EZO’s growth in the sustainable transport infrastructure market.

- CEO of Rubicon

Advancing the energy transition

The investment supports the decarbonisation of road transport and advances the energy transition by expanding reliable, publicly accessible EV charging infrastructure at scale. As EV adoption continues to grow, the availability of convenient public charging remains a critical enabler of the transition, particularly for motorists without access to private charging facilities.

A key focus of EZO's network is destination charging, providing fast charging infrastructure typically ranging from 50kW to 300kW in locations where drivers naturally spend time, such as town centres, leisure destinations and retail locations. This complements the ultra-fast charging networks commonly found at motorway service stations and supports broader access to charging infrastructure in local communities.

Media enquiries

For further information, photos, video content or interviews, contact:

  • Rebecca O'Daly

    Public Relations Manager
    Telephone

    07976111501

    Email

    rebecca.odaly@standardlife.com

Notes to editors

About Standard Life:

Standard Life is a retirement specialist focused entirely on retirement saving and income.

We are proud to manage £317bn in assets on behalf of our 12 million customers, and we champion the belief that everyone's journey to and through retirement can be better.

We offer our customers a broad range of retirement, investment and protection products across our customer brands which include Standard Life, SunLife, Phoenix Life and ReAssure.

Our vision is to be the UK’s leading retirement savings and income business, building on Standard Life’s leadership positions in the workplace pensions, pension risk transfer and individual annuity markets, and our growing retail business. Our award-winning services are backed by industry leading apps and strong customer service.

As a FTSE 100-listed group, we are using our size, expertise and influence to deliver better outcomes for customers.

We’ve set targets to help an additional three million customers take steps toward a better retirement by 2035. We want to play our part in delivering a net zero economy and managing our impact and dependency on nature to shape the world our customers will retire into.

Standard Life is recognised as a leading employer, with long-standing accreditation as a Living Wage Employer, Living Pension Employer and in 2026 became one of Britain’s Most Admired Companies.

About Aberdeen Investments:

Aberdeen Investments is a specialist asset manager that focuses on areas where we have both strength and scale across public and private markets, including credit, specialist equities and real assets.

Our teams collaborate across regions, asset classes and specialisms, connecting diverse perspectives and working with clients to identify investment opportunities that suit their needs.

As at 30 June 2026, Aberdeen Investments managed c.£397.5bn on behalf of clients, including insurance companies, sovereign wealth funds, independent wealth managers, pension funds, platforms, banks and family offices.

www.aberdeeninvestments.com