Swedish property chooses Fortum Charge & Drive solution for operating their electric vehicle charging infrastructure


Vasakronan, a leading property company in Sweden, has chosen Fortum’s Charge & Drive business system for operating their electric vehicle charging infrastructure. By choosing Charge & Drive, the leading business system for charging operations in connection with the smart Garo Chargers, Vasakronan will meet their customers' expectations of a user friendly solution for electric vehicles (EV:s). Vasakronan estimates that at least 100 parking spaces for EV:s, including 3-5 quick chargers will be installed during 2015. The expansion will continue in 2016.

"We see this agreement as another sign that we have an outstanding offer together with our partner Garo that is well aligned with our clients' needs. With our turn key charging system companies as Vasakronan can offer their tenants sustainable services for charging electrical cars. This will increase the fleet of electrical cars and hence reduce CO2 emissions and set Vasakronan on the map as the leading sustainable property company. We look forward to a good partnership", says Markus Hökfelt, Manager, Fortum Charge & Drive.

The agreement enables Vasakronan a simple way to operate their charging infrastructure. Smart charging solutions are already becoming a part of the service solutions tenants expect on the commercial property market. Fortum will supply the cloud-based Charge & Drive system, which provides solutions for managing the customer experience, infrastructure and charging business.

Backed by more than ten years' experience in developing charging solutions for electric vehicles, today Fortum’s Charge & Drive is one of the market’s leading business systems for charging station operations. The platform is offered as a service for any operator wanting to expand step-by-step with its “pay as you go” business model.

"Charge & Drive helps anyone who wants to offer charging services by getting their stations connected to a full blown business platform. You start with the basic features and can later add more advanced services as needed", says Fortum's Markus Hökfelt.

Fortum Corporation
Corporate Communications

Further information:
Tobias Henmark, Sales & Marketing Director, Fortum Charge & Drive Sweden,
tel +46 72 570 1853, e-mail: tobias.henmark@fortum.com      

About Vasakronan
Their property portfolio is concentrated to Stockholm, Uppsala, Gothenburg, Malmö and Lund. Many of the properties are situated in clusters and offer supplementary services to the tenants. The portfolio comprises 185 properties with a total area of 2,500,000 sqm, valued at SEK 95 billion. The number of employees is 350.

Environment and climate work are highly prioritized. Vasakronan is a carbon neutral company and is ISO 14001 certified. Vasakronan were also Sweden’s first property company to offer green leases and green offices.

Vasakronan is jointly owned by the First, Second, Third and Fourth Swedish National Pension Funds.

About Fortum Charge & Drive
The Charge & Drive network is operating in Norway, Sweden and Finland. The network in the Nordic countries consist of about 350 connected smart chargers by the second quarter of 2015. Companies such as Nissan, Renault, BMW, VW and McDonald's have chosen to partner with Fortum Charge & Drive for delivering a high-quality charging experience.

Fortum’s purpose is to create energy that improves life for present and future generations. Fortum’s expertise is in CO2-free and efficient electricity and heat production. The company also offers energy-related products and expert services to private and industrial customers and energy producers. Fortum’s main areas of operation are the Nordic and the Baltic countries, Russia and Poland. In 2014, the annual sales (excluding the divested electricity distribution business) totalled EUR 4.1 billion, and comparable operating profit was EUR 1.1 billion. The company employs approximately 8,000 people. Fortum’s share is listed on Nasdaq Helsinki. www.fortum.com