NewRiver REIT Plc And Osprey Charging Network Form New EV Rapid Charging Partnership

NewRiver REIT plc and Osprey Charging Network have joined forces to open their first electric vehicle (EV) rapid charging site in Warminster, Wiltshire. The new public charging facility, located at NewRiver's Three Horseshoes Walk Shopping Centre, features four rapid EV chargers that are compatible with all electric vehicles on the market. These charge points can add 100 miles of range in approximately 35 minutes and can be easily used and paid for with a bank card. This partnership between NewRiver and Osprey Charging Network has the potential to introduce an additional 31 reliable and rapid charging points across NewRiver's retail portfolio throughout the UK.Customers of major retail brands such as M&S Food, Boots, and B&M will benefit from improved access to EV charge points while they shop. Osprey Charging Network is one of the UK's largest and leading rapid EV charging networks, while NewRiver REIT plc owns and manages a portfolio of community shopping centers and retail parks across the UK. This partnership is part of NewRiver's ongoing commitment to its sustainability strategy.The new charging facility at Three Horseshoes Walk Shopping Centre in Warminster will enhance access to charging in Wiltshire. The collaboration between NewRiver and Osprey Charging Network aims to improve the convenience of public EV charging for customers of major retail brands. The charge points are compatible with all EVs currently on the market and can add 100 miles of range in around 35 minutes, making them ideal for shoppers visiting the shops, cafes, and eateries in central Warminster.The chargers are designed to be user-friendly and offer multiple payment options, including contactless bank cards, Apple/Google Pay, the Osprey App, RFID card payments, and major third-party payment methods. Installing reliable chargers at busy shopping areas where high volumes of customers drive each year gives consumers confidence in choosing electric cars. This is why NewRiver's popular retail destinations are well-suited for EV charging.Osprey Charging Network covers all costs associated with installing and servicing the rapid charging points while sharing the profits, minimizing financial risk. Andrew Nosworthy, Commercial Director at Osprey Charging, expressed his delight in working with NewRiver to provide reliable and rapid EV charging for their retailers' customers. This partnership is part of Osprey's continued efforts to decarbonize transport in the UK.Osprey Charging Network has a track record of installing over 200 rapid charge points for portfolio owners in the retail property sector. Their network has been recognized as one of the top three charging networks in Zapmap's annual rankings and has received the "EV Driver Recommended Network" status for four consecutive years. Osprey was named Best EV Charging Network at the 2023 Transport and Energy Awards and received multiple awards at the Electric Vehicle Innovation and Excellence Awards (EVIEs).NewRiver REIT plc is a leading Real Estate Investment Trust specializing in buying, managing, and developing resilient retail assets throughout the UK. Their portfolio includes community shopping centers and conveniently located retail parks occupied by tenants focused on essential goods and services. NewRiver's objective is to own and manage the most resilient retail portfolio in the UK, delivering long-term attractive recurring income returns and capital growth for shareholders.Osprey Charging Network is a UK-wide rapid EV charging network that funds, installs, and manages charging points on behalf of landlord partners. Their network is built to be reliable and easy to use, accepting various payment methods and powered by 100% renewable electricity.The partnership between NewRiver REIT plc and Osprey Charging Network marks an important step in expanding EV charging infrastructure across the UK. With improved access to charging points, customers of major retail brands can confidently choose electric vehicles while enjoying their shopping experience.