Parkland adds three new EV charging locations in Ontario

Parkland Corp. announced it has opened three new EV charging locations in Ontario.

According to the LinkedIn announcement, the new charging stations are in the towns of Port Hope, Colborne and Belleville, and located at On the Run locations just off of Highway 401. Along with providing a convenient stop to charge one’s electric vehicle, the post added that the sites also provide drivers with a full range of desired amenities, including fresh food.

These news locations are part of Parkland’ ongoing efforts to expand its EV charging network in Canada.

In November of last year, Parkland announced it had secured $210 million of financing from Canada Infrastructure Bank (CIB) to support the company’s growth plans for its EV charging network. At the time of that November announcement, Parkland’s EV charging network was located mostly in the province of British Columbia at 37 sites with those being part of its existing retail fuel sites in the province. 

READ: Parkland to expand EV charging network in Canada

This funding is part of CIB’s Charging and Hydrogen Refuelling Infrastructure (CHRI) initiative, an initiative that looks to install some 2,000 new charging ports at approximately 400 Parkland sites across Canada.

“Our initial investments in EV charging have been positive,” said Darren Smart, SVP Energy Transition and Corporate Development in a press release accompanying the announcement of the secured funding from CIB. “Strong customer utilization has validated our strategy to build scale in markets with tangible demand and has confirmed our belief that a high-quality customer experience matters. I want to compliment the CIB, on their financing model which helps incentivize and de-risk investments in EV charging. We will be strategic in deploying this financing to expand our charging network, while also exploring additional third party capital opportunities to fund our own, and potential third-party sites.”