Cyan Finance plans EV splurge, hires former BP Chargemaster commercial chief

Cyan Finance has hired James Jean-Louis, formerly of BP Chargemaster, as it bids to significantly expand its footprint within electric vehicles and charging infrastructure. 

Jean-Louis will be Sustainable Finance – E-mobility Lead and is tasked with driving forward Cyan’s activities in the sector. Cyan said creating the role underlines its ambitions to fund a significant number of UK vehicles and charge points for businesses.

Jean-Louis founded one of the UK’s first charging businesses in 2010, which was acquired by Chargemaster in 2014. He joined Chargemaster as group commercial director, overseeing growth at the business, which was then acquired by BP in 2018.

“I’m delighted to have joined Cyan at this exciting moment. Having been in e-mobility since its infancy and navigated two successful exits I can say that the sector is now readily investable and I’m looking forward to helping fund it,” said Jean-Louis.

The Cyan Finance team said: “James is a valuable addition to our team as we scale up our capability to deploy and manage financial and intellectual capital to achieve the transition to a low carbon economy. E-mobility is an area where humanity can make a radical change today and we are actively working to see that this change is funded.”

In April, Cyan took a stake in Franklin Group, the parent company of Franklin EV, which instals charging infrastructure for an undisclosed sum.

The company says it has significant appetite for further funding, investments and acquisitions within the sector.