Partners plan charging network rollout at CBRE properties in the USA

The company Invisible Urban Charging (IUC) is aiming to install and operate one million chargers for electric vehicles in the USA over the next five years together with the CBRE Group. The locations will include properties currently managed by CBRE.

IUC is a charging infrastructure provider founded in 2019, CBRE is a commercial property services and investment company. Under the agreement, CBRE will provide site selection, project management, installation and maintenance services. IUC will provide financing, supply the charging hardware and software, and manage operations through its Charging-as-a-Service platform.

“We’re honored to partner with CBRE to accelerate the transition to electric transport,” said Nigel Broomhall, Chief Executive Officer and co-founder of IUC. “This collaboration, which is the largest EV charging-as-a-service deal worldwide, sets a new standard in property development and revolutionizes the EV charging landscape. We’re not only enhancing property values, but also shaping a future where sustainability and innovation go hand in hand.”

John Belbusti, Global President, Project Management & Electric Vehicle Solutions at CBRE, says his company is pleased to support IUC in accelerating the electrification of transport. He emphasised CBRE’s expertise in site selection, project and construction management and facility maintenance, as well as its strong relationships with utilities and permitting authorities.

CBRE first made headlines here by installing charging infrastructure back in 2019, as well as from a deal with the Californian startup Forum Mobility in early 2023. There, Forum and CBRE Investment Management and Homecoming Capital agreed to establish a USD 400 million joint venture to build charging depots for heavy-duty electric trucks in California.

businesswire.com