Community operator Blink Charging (Nasdaq: BLNK), by means of its wholly-owned European subsidiary, Blink Holdings BV, has acquired UK-based charging supplier Electrical Blue (aka EB Charging) for some $23.4 million. Blink is at the moment current in additional than 18 nations. This acquisition represents the corporate’s first entry into the UK market, and can add some 1,150 chargers to its fleet.
EB Charging operates each Degree 2 and DC quick chargers, and serves over 80 clients in 40 municipalities, principally native authorities, well being care amenities, universities and fleets. Like Blink, EB affords an owner-operator mannequin, permitting clients to personal, associate with or host their charging infrastructure.
“EB Charging is a longtime and well-known EV charging firm with a confirmed observe report of success,” mentioned Blink founder and CEO Michael Farkas. “Blink will increase EB Charging’s product choices to incorporate new business and residential chargers, new international community providers and apps, and new EV fleet administration instruments. Blink and EB Charging have a shared mission to advance EV charging by means of strategic owner-operator fashions that present for higher flexibility and higher outcomes.”
“Blink’s expertise, provide chain and funding will allow us to put in extra cost ports, extra shortly, serve extra EV driving clients, and ship on our dedication to buyer excellence and innovation,” mentioned EB Charging Managing Director Alex Calnan. “Working with Blink, we are able to shortly and effectively serve our present £12-million order e book, considerably rising the EV charger footprint within the UK.”
Supply: Blink Charging