ENGIE strengthens UK EV interests with ChargePoint acquisition


French utility ENGIE has purchased ChargePoint Services, an electric vehicle (EV) public charging network provider.

The move, ENGIE says, will support its goal of becoming a leader in green mobility, and become a major player in the UK EV market.

ChargePoint owns and operate the GeniePoint network of pay-as-you-use charging points across the UK, and ChargePoint (CPS) work with 30 local authorities in the country on charging point infrastructure, including workplace charging facilities for companies like Siemens. In total CPS brings an active base of 20,000 GeniePoint network customers.

The customer base, the EV charging network, and CPS’ cloud-based data and control solutions, when combined with ENGIE’s existing EV technologies, creates a combined publically-accessible fast-charging network of over 400 charging stations, with another fast-charging network of 500 charging points anticipated by the end of 2019.

Nicola Lovett, ENGIE’s UK & Ireland CEO said: “The provision of green mobility solutions is a key part of ENGIE’s wider strategy to help tackle air quality in cities and be a leader in the transition to a zero carbon economy.

“The acquisition strengthens our combined capabilities to assist local authorities and other public sector customers with placemaking – working alongside them to shape the future use of their estates and public spaces to enhance the lives of those who use them. 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.”