Engie bolsters EV offering with ChargePoint acquisition

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Engie has acquired electric vehicle (EV) public charging provider ChargePoint Services (CPS)., which owns and operates charging network GeniePoint. The acquisition aims to enhance Engie’s end-to-end EV charging solution in the UK. ` It will create a combined UK public rapid charging network of over 400 stations and a fast network of over 500 by the end of 2019.The deal also involves GeniePoint’s 20,000 network customers and its cloud-based data and control platform.

Nicola Lovett, CEO of Engie UK & Ireland, said the ChargePoint Services deal is an important step towards scaling up Engie’s EV ambitions. “It also enables us to work closely with our many business customers to support their ambitions to decarbonise their own fleets and support their employee’s adoption of low and zero carbon vehicles,” she added.

The company has already acquired EV manufacturer EVBox. It also recently bought a 45% stake in flexibility aggregator KiWi Power.

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