An electrified fleet hub with parking and charging facilities for between 250 and 500 vans is being planned after a multimillion-pound acquisition by Infinium Logistics.
The European asset management and energy transition company has completed the acquisition of two adjoining sites in West Thurrock for £15 million.
Totalling more than four acres, the land is located on Motherwell Way in West Thurrock, an industrial area east of London, near Lakeside Shopping Centre.
Site one is a three-acre open storage investment property, while site two, a one-acre property, was previously owner-occupied.
Infinium is now working with customers on proposals for an electrified fleet hub, a parking and charging facility that can accommodate up to 500 vans.
Tom Gough, investment director at Infinium, said that the acquisition is a “strategic milestone” for the business as it works to expand its 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,” he added.
“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.”
The strategic location of this site, says Infinium, offers proximity to key parcel carrier hubs in Essex and north-east London, serving a large population.
Additionally, its proximity to Lakeside Shopping Centre provides opportunities for local businesses to utilise its fleet hub model.
Phil Bayliss, CEO of Infinium, 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, fleet hubs 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.”
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