Columbia Threadneedle partners with BP Pulse on EV charging

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A total of 14 Columbia Threadneedle Real Estate retail park locations across the UK are due to get EV charging from BP Pulse.

The sites include the Castle Marina Retail Park in Nottingham, Fountains Retail Park in Tunbridge Wells, as well as the Jubilee Retail Park in Weymouth.

They will include a mix of rapid and ultra-fast charging.

Ultra-fast locations will include up to 10 ultra-fast and rapid charging bays, while rapid sites will provide two rapid bays each.

More retail park locations are under review for future phases of the rollout, with both companies exploring further opportunities to expand the network.

BP Pulse’s partnership with Columbia Threadneedle Real Estate is part of its wider aim to expand regional coverage and deliver high-quality charging at convenient, high-footfall retail parks.

Valerio Ferro, general manager, BP Pulse, said, “Retail parks are places people already visit to shop, eat and meet, so adding reliable, high-speed charging enhances that experience.

“Our collaboration with Columbia Threadneedle Investments brings convenient, future-ready charging to familiar locations, helping make the switch to electric vehicles simpler for everyone.”

Kannika Mall, Asset Manager for Columbia Threadneedle Real Estate, UK, said, “Retail parks are increasingly considered the favoured location for consumers seeking convenient and practical shopping experiences, while accessing the big multiple brands they want and expect.

“Part of retail parks’ appeal is that EV drivers only pay for their charging as parking is free and accessible.

“Improving the provision for EV drivers is a key strand of our asset management strategy for the portfolio.”

“It also serves as a further and important step in our pathway to net zero across the UK business by 2050.”

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