Infinium Logistics has acquired two adjoining sites in West Thurrock for circa £15m for a new EV charging facility.
The sites on Motherwell Way near Lakeside Shopping Centre, comprise a three-acre open storage investment property and a one-acre property previously owner-occupied by a private individual
Infinium is now working up proposals for an electrified FleetHub parking and charging facility that can accommodate between 250 and 500 vans.
Tom Gough, investment director at Infinium, said: “This acquisition is a strategic milestone for Infinium as we continue to expand our capabilities in electrified transport infrastructure. The site’s prime location and our development plans align perfectly with our mission to deliver optimised facilities that meet the growing demand for efficient and low-carbon transport.
“We are excited to integrate these new sites into our platform and look forward to the positive impact they will have on the local community and the broader energy transition efforts. We would welcome further opportunities to review in core, ‘last-mile’ logistics locations across Western Europe.”
Phil Bayliss, CEO of Infinium, added: “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 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.”
