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Press release :  Ascencio and Allego working together to accelerate the installation of fast charging stations in Belgium
AllegoAllego(US:ALLG) GlobeNewswire News Room·2024-10-17 15:40

Core Insights - Ascencio and Allego have formed a partnership to install 212 electric vehicle charging points across 45 sites in Belgium, enhancing Ascencio's ESG strategy and addressing local community needs [1][3] - The charging stations will feature super chargers with a power rating of up to 400 kW, allowing for quick charging in 15 to 30 minutes, thereby improving customer experience [2] - The partnership is cost-effective for Ascencio, requiring no investment from the company while adding value to its real estate portfolio [2] Company Strategies - Ascencio aims to achieve carbon neutrality in ground transportation through this partnership, making its commercial sites more attractive to customers and local residents [3] - Allego, as a leading charge point operator, has a significant presence in Belgium and Europe, leveraging partnerships with landowners like Ascencio to expand its charging network [4] Market Demand - The installation of charging points responds to the increasing demand for charging zones in strategic locations frequented by consumers, enhancing accessibility for both shoppers and passing motorists [2][4] - Retail locations on the outskirts of urban areas are identified as strategic for both drivers and retailers, facilitating increased foot traffic and shopping opportunities [4]