Infinium Logistics has acquired two adjoining sites in West Thurrock for a new electric vehicle FleetHub development.
The European asset management and energy transition specialist has invested around £15m in the two sites, which span four acres.
Located on Motherwell Way in West Thurrock, east of London and near Lakeside Shopping Centre, the sites will provide the basis for a new electrified FleetHub.
Infinium is now working with customers on proposals for a parking and charging facility that can accommodate between 250 and 500 vans, supporting its commitment to deliver state-of-the-art EV charging and transport infrastructure.
The location was chosen for its close proximity to key parcel carrier hubs in Essex and North-East London, serving a large population. Its adjacency to Lakeside also provides opportunities for local businesses to utilise the FleetHub model.
This acquisition underscores Infinium’s commitment to expanding its footprint and capabilities, delivering state-of-the-art EV (Electric Vehicle) charging and transport infrastructure.
Tom Gough, investment director at Infinium, commented: “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.”
The business, which says it’s working to capitalise on the energy transition as a competitive advantage for its customers, is also seeking further opportunities to review in-core, ‘last-mile’ logistics locations across Western Europe.
Phil Bayliss, CEO of Infinium, remarked: “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, 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.”
