A first for public EV charging infrastructure in Australia
· Evie Networks secures Australia’s first commercial infrastructure debt facility for public Direct Current (DC) fast charging, provided by Infradebt and their managed funds, including leading Australian superannuation funds.
· The transaction marks a pivotal moment as super funds diversify beyond traditional assets into emerging asset classes, including infrastructure that support Australia’s EV green energy transition.
· The capital cements Evie Networks’ market leadership in Australia – the company currently powers over 600,000 kilometres of electric travel daily and is set to commission its 1,000th charging charge point this month.
Evie Networks, Australia’s largest EV fast-charging network, has secured a A$50 million senior debt facility with specialist fund manager Infradebt.
The transaction marks the first non-recourse senior debt facility secured in Australia for public DC fast charging, and the entry of infrastructure debt financiers into Australia’s newest infrastructure asset class.
It signals growing investor confidence in the long-term viability of EV charging and represents a shift from venture-backed growth capital to a sustainable, infrastructure debt financing structure.
Evie Networks Chief Executive Officer, Chris Mills, says: “This funding is more than a milestone for Evie – it signals that public EV charging is now recognised as main-stream national infrastructure. The support of superannuation funds shows that investors are moving beyond traditional assets and backing this new infrastructure that will shape Australia’s energy and transport future. Only a small number of companies globally have achieved this.”
The participation of superannuation-backed funds demonstrates how public EV charging has now joined the ranks of asset classes that can deliver both financial returns and climate transition outcomes.
EV market momentum
The announcement comes as Australia’s EV market gains momentum. The sale of electric vehicles (EVs) across Australia reached a new record in the second quarter of 2025 with nearly 30,000 battery EVs (BEVs) hitting the roads, up 63 percent and accounting for 9.3 percent of all new car sales for the quarter. BEVs also accounted for 22.2 percent of all new medium SUVs sold – indicating larger models are increasingly becoming electric.
With demand for fast, reliable charging infrastructure growing rapidly, Evie Networks is expanding its footprint to ensure drivers have access to convenient charging wherever they go. Evie Networks now powers over 600,000 kilometres of electric travel per day, with more than 950 charge points operating across the country. The company is on track to commission its 1,000th charge point this month, reinforcing its position as the market leader in public EV charging.
Scaling to meet demand
Infradebt, a specialist infrastructure fund manager, brings deep experience in financing sustainable, long-term infrastructure assets. Infradebt’s backing reflects growing institutional confidence in EV charging as a mature, investable asset class.
Infradebt Co-Founder and Chief Executive Officer, Alexander Austin, says: “Infradebt is pleased to partner with Evie Networks – which has established a market leading position in the Australian public EV charging market. Decarbonisation of the transport sector is a critical part of the transition to net zero and we see battery electric vehicles and the infrastructure to support them as a critical part of this transition.”
“Infradebt has been impressed by the Evie team, their strategy and capacity to execute. Infradebt considers that Evie is exceptionally well positioned to grow and support Australia’s transition to electric vehicles, and we’re pleased to be able to support Evie on the next leg of their journey.”
StB Capital Partners has played a foundational role in Evie Networks’ journey from its inception to scale to a national infrastructure operator. Over the past eight years, the Fund has provided patient capital that enabled Evie Networks to build the scale necessary to become a sustainable infrastructure company.
StB Capital Partners Chief Executive Officer and Managing Partner, Chris Hay, says: “Evie Networks is a world class example of how patient specialist capital can work with class leading management to build the next generation of clean energy infrastructure in Australia. We are delighted to be partnering with Evie Networks and Infradebt in this growth phase and building on Evie Networks’ market leadership position.”
Today’s announcement positions Australia alongside global peers where infrastructure debt is increasingly funding EV charging networks. With this facility, Evie Networks has the capital trajectory to maintain market leadership as super funds expand their remit to support the nation’s clean energy transition.
About Evie Networks
Evie Networks is Australia’s largest national Electric Vehicle (EV) fast charging network, dedicated to accelerating the adoption of electric vehicles across Australia. With over 1,000 public fast EV bays and 330 charging locations across Australia, Evie Networks offers comprehensive EV charging solutions that include the design, construction, and operation of EV charging stations.
About Infradebt
Infradebt is a specialist infrastructure fund manager focused on providing debt financing to infrastructure projects across Australia. Its investments support the development of sustainable, long-term assets that deliver positive environmental and social outcomes.
About StB Capital Partners
StB Capital Partners is a private investment vehicle focused on supporting disruptive technologies and business models that accelerate the transition to a low-emissions future. The Fund has backed Evie Networks since inception, providing patient capital that enabled the company to scale nationally and evolve into a sustainable infrastructure operator.
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