Founded in 2016, Aberdeen-based Trojan Energy designs and builds EV charging solutions which are designed primarily for residents who park on street to provide access to fast charging at, or near the home. The company’s patented technology sits flat and flush to the pavement, avoiding “street clutter”. By 2026, Trojan Energy had installed circa 1,500 charge points, the majority of which are in London.

Like many technology and infrastructure scale up businesses, Trojan Energy required continued investment to support the development of its technology and the expansion of its charging network. Although the company made strong progress in advancing its solutions and deploying charge points, it was unable to secure the level of new funding needed to meet its long-term growth plans. After exploring a range of strategic and investment options with its advisors, and when a solvent outcome could not be achieved, the directors took the decision to appoint administrators.

Immediately following their appointment, the joint administrators sold the Company’s business and assets via a pre-pack to Urban EV Infrastructure Limited, a subsidiary of Connected Kerb Limited, the London-based EV charging point provider. All of Trojan Energy’s 63 employees will transfer to the purchaser as part of the transaction.

Mr Jacobs, managing director at Interpath and joint administrator, said: “Demand for accessible on-street vehicle charging infrastructure continues to grow across the UK, including for the estimated 60% of UK households without access to off-street parking.

“We’re therefore pleased to have secured this transaction which will allow the Trojan technology to contribute to the future of the UK’s EV charging infrastructure. We wish Urban EV Infrastructure Limited every success.”

Mr McAlinden, head of Interpath in Scotland and joint administrator, said: “The transaction also facilitates the transfer of all Trojan Energy’s team of employees to Urban EV Infrastructure Limited. Customers who wish to continue to use the technology should contact Urban EV Infrastructure Limited.”