Ireland’s largest EV charging network operator EasyGo, secured a facility for more than £12.5 million (€15 million) to add 500 Rapid Chargers to its electric vehicle charging network across Northern Ireland and the Republic of Ireland. The funding was secured in partnership with Air Core, Rubicon Capital Advisors and DunPort Capital Management. The high-powered chargers will be rolled out to retail, town centre and hospitality destinations across the island via a range of strategic partnerships that EasyGo has and continues to enter into.
This investment addresses the significant deficit for such infrastructure across the entire island of Ireland, thereby alleviating range anxiety which is one of the critical barriers to fostering greater EV usage.
Air Core took a minority equity position within Easygo along with a board seat and directorship and provides ongoing support to management to achieve their ambitious roll out targets for public charging infrastructure.
Chris Kelly, Director EasyGo further commented “Northern Ireland has an acute need for charging points to service its growing number of EV drivers. As the largest privately-owned network on the island of Ireland, EasyGo is in a unique position to quickly roll out this much needed infrastructure. Our rapid charger network will ensure that EV drivers in Northern Ireland have access to best-in-class EV charging facilities”.