![\"Lance-and-charging-point-Trojan-Energy\"](\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2024\/01\/Lance-and-charging-point-Trojan-Energy.png\")
Scottish electric vehicle charging company Trojan Energy has been bought out of administration via a pre-pack process to a London-based business.<\/p>\n
The sale to Urban EV Infrastructure, a subsidiary of Connected Kerb was handled by Geoff Jacobs and Alistair McAlinden from Interpath who were appointed joint administrators on 9 February.<\/p>\n
All of Trojan Energy\u2019s 63 employees will transfer to the purchaser as part of the transaction.<\/p>\n
Founded in 2016, Aberdeen-based Trojan Energy designs and builds EV charging solutions which are designed primarily for residents who park on the street.<\/p>\n
The company\u2019s patented technology sits flat and flush to the pavement, avoiding \u2018street clutter\u2019. By 2026, Trojan Energy had installed circa 1,500 charge points, the majority of which are in London.<\/p>\n
It was unable to secure the level of new funding needed to meet its long-term growth plans and the directors appointed administrators.<\/p>\n
Geoff Jacobs, managing director at Interpath and joint administrator, said: \u201cDemand 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.<\/p>\n
\u201cWe\u2019re therefore pleased to have secured this transaction which will allow the Trojan technology to contribute to the future of the UK\u2019s EV charging infrastructure.\u201d<\/p>\n
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