Cameron Barney advises Connected Kerb on its capital injection of up to £110m from Aviva Investors

September 2022

Cameron Barney LLP (“CB”) is pleased to announce that it acted as exclusive financial adviser to Connected Kerb (the “Company”) in obtaining a substantial long-term funding solution from Aviva Investors to deliver its plans to install and operate 190,000 on-street EV chargers by 2030.

As part of the deal, Connected Kerb will also deploy EV charging infrastructure across the insurer’s pan-European real estate portfolio, which includes over 300 major assets in the UK alone – one of the country’s largest portfolios. Aviva Investors’ commitment to Connected Kerb reflects the priority Aviva is giving to its Climate Transition Strategy - a programme of decarbonisation and commitment to reaching net zero across Aviva Investors’ entire Real Assets business by 2040. Connected Kerb will provide and install EV charging facilities at Aviva’s office, retail, logistics and industrial sites towards achieving carbon neutrality and ensuring they remain relevant as part of the transition towards a low-carbon future. 

Connected Kerb is driving a profound change in on-street charging in the UK, making it much easier for those without off-street parking to switch to electric vehicle ownership. The Company has won a number of Local Authority contracts across the UK and expects to have installed some 4,000 chargers country-wide by the end of this year. In addition to its UK presence, Connected Kerb has been selected by the New York City Department of Transport and Newlab to deliver an on-street EV charging pilot project in New York that will provide a blueprint for the city to roll out 10,000 on-street chargers by 2030.

About Connected Kerb

Connected Kerb is one of the UK’s leading charging point providers, delivering future-proof, cost-effective and sustainable EV charging solutions for the public sector, developers, fleets, workplaces, car parks and other organisations to help accelerate the transition to EVs for all. Its unique solution combines power and data at the kerb to deliver user-friendly and reliable charging and provide the foundation for connected cities and communities.

About Aviva

Aviva Investors is the global asset management business of Aviva plc. The business delivers investment management solutions, services and client-driven performance to clients worldwide. Aviva Investors operates in 14 countries in Asia Pacific, Europe, North America and the United Kingdom with £232 billion in assets under management as of 30 June 2022.

About Cameron Barney

Cameron Barney is a UK-headquartered independent merchant bank providing financing and M&A advice to fast-growing companies in the ‘infra-tech’ sector including rollouts of fibre broadband, EV charging, solar and energy storage.  In addition to its advisory work Cameron Barney is co-manager of the Digital Infrastructure Investment Partnership (DIIP) which invests directly in fibre broadband infrastructure in the UK.  Cameron Barney is authorised and regulated by the Financial Conduct Authority.

For further information please contact: 

Cameron Barney LLP
Charles Cameron +44 7785 292 019
Tom Strickland +44 7557 350 527