JW Lees toasts £1.8m EV charging deal

Deal News | Nov 11, 2024 | Business Cloud

JW Lees toasts £1.8m EV charging deal

JW Lees, a prominent brewer and pub operator, has entered into a £1.8 million partnership with Be.EV, a national charge point operator, to bring ultra-rapid electric vehicle (EV) charging facilities to its patrons. The initiative involves the deployment of 22 ultra-rapid charging bays at seven of JW Lees’ locations across the North West. The collaboration aims to upgrade existing charging infrastructure and better cater to the growing number of EV users. Out of the pubs involved, five locations including Urmston, The Millgate, The Aviator, The Bluebird Inn, and Duke of Gloucester have switched on their new chargers. Be.EV, a fast-growing EV charging network in the UK, has secured £110 million funding from Octopus Energy Generation and plans extensive expansion, aiming to address the increasingly essential EV charging needs across the UK. The partnership emphasizes providing reliable and convenient charging solutions to enhance customer experience, with leadership from both companies expressing commitment to sustainable development and innovations in EV infrastructure.

Sectors

  • Electric Vehicle Infrastructure
  • Hospitality
  • Renewable Energy

Geography

  • United Kingdom – The article discusses a partnership involving companies operating across the UK, with specific emphasis on the North West region.

Industry

  • Electric Vehicle Infrastructure – The deal focuses on the installation and upgrading of EV charging stations at JW Lees pubs, relevant to the provision and expansion of electric vehicle infrastructure.
  • Hospitality – JW Lees operates pubs, making the hospitality industry relevant in terms of providing customer-focused amenities like EV charging.
  • Renewable Energy – Be.EV, backed by Octopus Energy, falls under renewable energy due to its focus on providing sustainable and clean energy solutions for EV charging.

Financials

  • £1.8 million – The value of the deal between JW Lees and Be.EV for the installation of EV charging infrastructure.
  • £110 million – The amount of funding secured by Be.EV from Octopus Energy Generation.

Participants

NameRoleTypeDescription
JW LeesBrewer and Pub OperatorCompanyA brewer and pub operator in the North West, UK, partnering with Be.EV to install EV charging points.
Be.EVCharge Point OperatorCompanyA national charge point operator installing ultra-rapid EV chargers at JW Lees locations.
Octopus Energy GenerationMajority ShareholderCompanyThe majority shareholder of Be.EV, known for renewable energy investments.
Asif GhafoorCEOPersonCEO of Be.EV, overseeing the company's partnerships and growth strategy.
William Lees-JonesManaging DirectorPersonManaging Director of JW Lees, responsible for the implementation of the EV charging project.