Construction management leader will oversee Level 2 charging station installations in Tennessee
ECOtality, Inc. (NASDAQ:ECTY), a leader in clean electric transportation and storage technologies, today announced it has signed an agreement with Bovis Lend Lease in North America—the project management and construction arm of the Australian property company Lend Lease—to oversee project management services for the installation of electric vehicle service equipment (EVSE) for The EV Project in Tennessee. Bovis Lend Lease will also lead the installation of ECOtality's DC fast-charging stations in all EV Project markets.
"We've drawn on the knowledge of best-in-class partners to guide our plans for the deployment of electric vehicle infrastructure, and we are excited to work with Bovis Lend Lease, a leader in project execution," said Jonathan Read, CEO of ECOtality. "Bovis Lend Lease has a long track record of delivering multi-site projects efficiently and within budget constraints—characteristics that are essential to ensuring the successful completion of the largest rollout of electric vehicle infrastructure in U.S. history."
"This agreement gives Bovis Lend Lease the opportunity to apply its first-class construction management expertise to a pioneering project," said David MacDonald, Bovis Lend Lease Senior Vice President, Multi-Site Group. "Our streamlined approach will ensure the on-time deployment of charging stations throughout The EV Project's diverse geographic markets and meet the needs of the project's national vendors."
As a strategic partner in The EV Project, Bovis Lend Lease has provided support for the construction of the program's electric vehicle infrastructure. Employing its extensive experience in world-class multi-site construction project management, Bovis Lend Lease will direct the installation process for ECOtality's flagship Blink Level 2 commercial and residential charging stations in Nashville, Knoxville and Chattanooga. The company will also oversee the deployment of Blink DC fast-chargers along major transportation corridors in all 16 EV Project markets using local contractors.
"Bovis Lend Lease brings to this project the construction experience critical to the nationwide success of The EV Project," said Don Karner, President of ECOtality North America. "We look forward to collaborating on leading the large-scale rollout of EV charging stations across the United States as we begin to lay the foundation for consumer EV adoption."
In its role as project manager for The EV Project, ECOtality North America is overseeing the deployment of nearly 15,000 charging stations in 16 cities across six U.S. states, as well as the District of Columbia. A public-private partnership with a total value of $230 million, the project is partially funded by the U.S. Department of Energy through a federal stimulus grant of $114.8 million. The goal of The EV Project is to create and test robust electric vehicle charging environments.
About Bovis Lend Lease
In the United States, Bovis Lend Lease provides an array of construction and consultancy services including construction management, program/project management, general contracting, design/build, owner's representative/staff extension and technical consulting/preconstruction services through its 16 offices.
Bovis Lend Lease delivers quality projects of every size within schedule and budget constraints incorporating sustainable construction principles whenever possible. Thirty-two projects have achieved LEED certification including four platinum, 13 gold and ten silver rated projects and over 54 projects are either completed with LEED certification pending or under construction and targeting LEED certification.
About ECOtality, Inc.
ECOtality, Inc. (NASDAQ:ECTY), headquartered in San Francisco, California, is a leader in clean electric transportation and storage technologies. Through innovation, acquisitions, and strategic partnerships, ECOtality accelerates the market applicability of advanced electric technologies to replace carbon-based fuels. For more information about ECOtality, Inc., please visit www.ecotality.com.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.
Contacts:
Media:
Antenna Group for ECOtality
Caitlin
Cieslik-Miskimen, 415-977-1922
caitlin@antennagroup.com
or
Investor
Relations:
Alliance Advisors for ECOtality
Thomas Walsh,
212-398-3486
twalsh@allianceadvisors.net
