Charge Enterprises Inc (fka CRGEQ)

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$CRGE Selected by City Parking for Electric Vehicle Charging Infrastructure Buildouts throughout the New York City Area

NEW YORK, NY / ACCESSWIRE / September 19, 2022 / Charge Enterprises, Inc. (Nasdaq:CRGE) ("Charge" or the "Company"), consisting of a portfolio of global businesses with the vision of connecting people everywhere with communications and electric vehicle ("EV") charging infrastructure, today announced the signing of a master service agreement for the strategy, planning and implementation of EV charging infrastructure with City Parking, New York City's largest privately owned parking management provider, with 135 owned and operated locations in the New York City Area.

City Parking is a leading owner and operator of parking locations in New York with a reputation that has a well-established clientele and works with most of the major New York City landlords, residential properties and large institutions that include: SL Green, Brookfield Properties, Silverstein Properties, Yankee Stadium, Ivanhoe Cambridge and TF Cornerstone.

Charge has been exclusively selected by City Parking to provide custom EV charging infrastructure solutions for their owned locations. Charge's bespoke turnkey EV charging services include, strategic planning, incentive coordination, electric vehicle service equipment (EVSE) specification, engineering and design, utility coordination, commissioning and installation. Charge is providing seamless solutioning that supports the transition to global sustainable mobility with equitable, safe, reliable, and scalable charging ecosystems.

"We are excited to offer EV charging solutions for our customers. EV drivers should share the convenience our parking solutions offer to others; while EV utilization increases, City Parking wants to be a leader in exceeding consumer expectations and enhancing the client experience. We selected Charge as our partner in this program because of their knowledge, integrity and custom solutions that consider our corporate goals along with our charging demands. We value the idea of being able to have remote monitoring of the stations so we can assure maximum performance, lowest cost of energy, and maximize our uptime," said Rafael Llopiz, Chairman of City Parking.

"City Parking is clearly a forward-thinking company that understands the shift to EVs and the need to address the much-needed infrastructure. I think many real estate owners and operators are discovering that they need to have a strategy and plan to support consumers in this tremendous transition. We are honored to have been selected as their partner in this initiative to embrace the transformation to EVs," said Andrew Fox, Founder, Chairman & CEO, Charge Enterprises.

About City Parking

City Parking (https://www.cityparking.nyc/about) is the largest privately owned and leading provider of professional parking management in New York City and has a management team with over 50 years of combined industry experience. The company currently owns and operates over 135 Locations in the New York City Area.

Our management practices are designed to maximize revenue and minimize costs for our clients. We place an emphasis on maintaining a clean, bright, and safe parking environment.


View source version on accesswire.com:
https://www.accesswire.com/716399/Charge-Enterprises-Selected-by-City-Parking-for-Electric-Vehicle-Charging-Infrastructure-Buildouts-throughout-the-New-York-City-Area