Plans for East London charging hub
Plans are afoot for a commercial vehicle charging hub in East London following the acquisition of a four acre plot in West Thurrock.
By Liza Helps Property Editor Logistics Matters
EUROPEAN ASSET management and energy transition specialist Infinium Logistics shas paid £15 million for two adjoining off-market sites in West Thurrock to develop an EV FleetHub.
The sites located on Motherwell Way in West Thurrock, a prime industrial area east of London, near Lakeside Shopping Centre, consists a three-acre open storage investment property, and a one-acre property, that was previously owner-occupied by a private individual.
The combined site creates a regular shape that is ideal for Infinium’s development plans. It is now working with customers on proposals for a parking and charging facility that can accommodate between 250 and 500 vans.
This acquisition underscores Infinium's commitment to expanding its footprint and capabilities, delivering state-of-the-art EV (Electric Vehicle) charging and transport infrastructure. Infinium leverages large-scale institutional investment in energy infrastructure to capitalise on the energy transition as a competitive advantage for its customers.
The strategic location offers proximity to key parcel carrier hubs in Essex and North-East London, serving a large population. Additionally, its adjacency to Lakeside Shopping Centre provides opportunities for local businesses to utilise its FleetHub model.
Infinium CEO Phil Bayliss, said: “As we continue to build our platform and capabilities, strategic acquisitions like this one enable us to meet the growing demand for EV infrastructure. As the Total Cost of Ownership (TCO) of EV continues to decrease, we anticipate fast growing demand for this essential infrastructure. By combining smart energy procurement and storage solutions with advances in technology and efficient real estate design, FleetHubs can provide low-carbon, low-cost power solutions for transport. This will contribute to cleaner air and a healthier environment for the local community while providing competitive advantages for forward thinking fleet operators.”
