Electric Vehicle Charging Hubs Joint Venture

Award

Buyers

Places for London Limited

Value

£2,030,000,000

Suppliers

Fastned UK Limited

Classifications

Vehicle refuelling services

Tags

award
contract

Published

8 months ago

Description

Places for London Limited (Places for London), a wholly owned subsidiary of Transport for London (TfL) has undertaken a procurement process to appoint a Joint Venture (JV) partner to design, build, operate and maintain an initial five (5) Electric Vehicle Charging Hubs as well as carrying out ancillary and/or complementary development and use of the sites where relevant. The aim of the JV partnership is to scale up delivery over time, with ambitions for up to 65 sites to be delivered.
In collaboration with a Joint Venture partner, Places for London is looking to position TfL in the Electric Vehicle (EV) charging growth market, utilising TfL land to develop EV charging infrastructure.  
The objective of the JV is to generate, long-term sustainable and growing dividends for the JV participants by delivering material improvements in the number, distribution, accessibility and sustainability of EV charging infrastructure; all of which will directly contribute to London's transition to a net-zero carbon city.

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Organisation

Places for London Limited

Body governed by public law

Paul O'Dowd

[email protected]

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