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Be.EV gets £55m cash injection from NatWest and KfW IPEX-Bank

Octopus Energy Generation continues its commitment to Be.EV with further funding

Mark Moran
26 June 2024
Be.EV and its investors

 

Electric vehicle charging network Be.EV has announced a debt raise of £55m from NatWest and Germany’s KfW IPEX-Bank.

Octopus Energy Generation also continues its commitment to Be.EV, with further funding allocated as part of a £110m cash injection announced in 2022. Octopus’ investment was made on behalf of the Sky fund (ORI SCSp) it manages, which has a majority stake in Be.EV.

The new funds will be used to drive the expansion of Be.EV’s charging network, which it...

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