Electric vehicle (EV) charging network operator Engenie has secured a 15-year contract with M7 Real Estate to install rapid chargers at a number of its out-of-town retail warehouses.
They will initially be introduced at eight locations and will ensure both retailers and their customers can charge their EVs using 100 per cent renewable electricity.
M7 head of UK real estate John Murnaghan said: “The forward thinking development of Engenie’s rapid charging infrastructure ties in with M7’s environmental ambitions seamlessly as well as complementing M7’s view on the growing importance of the electric vehicle market.
“As our retail warehouse assets under management continue to grow, so has the demand from our customers for this technology.
“This partnership presents a compelling opportunity to help both future proof our retail park portfolio as well as to enhance the performance of these assets whilst enhancing the consumer choice on site.”
Engenie said it has secured “significant investment” from international asset management group Investec.
This will reportedly see its network grow to 1,500 rapid chargers across the UK by 2021.
Patrick Sherriff, Engenie’s business development director, said: “Partnering with M7 to offer their customers rapid EV charging is a significant step towards our aim to build a public charging network across the UK.
“M7’s retail parks are a perfect fit for rapid chargers, giving EV drivers the convenience of re-fuelling whilst they shop and eat.
“Both M7 and Engenie take a long-term approach and have strong business commitments to improving the environmental impact of operations.”