NewRiver REIT (Real Estate Investment Trust) and Osprey Charging Network have opened their first electric vehicle (EV) rapid charging site at the Three Horseshoes Walk Shopping Centre in Warminster, in Wiltshire in the UK.
The new public charging facility features four rapid EV chargers compatible with all EV models, capable of adding 100 miles of range in approximately 35 minutes. These chargers are designed for ease of use, enabling payment via contactless bank cards, Apple/Google Pay, the Osprey App, RFID card payments and major third-party payment methods, including fleet cards.
The partnership between NewRiver, a real estate investment trust managing community shopping centers and retail parks across the UK, and Osprey Charging, one of the UK’s leading rapid EV charging networks, aims to expand EV charging infrastructure within NewRiver’s retail portfolio. This collaboration could potentially add 31 rapid charging points across NewRiver’s UK locations, making it more convenient for consumers to choose electric cars and supporting the transition to sustainable transportation.
Andrew Nosworthy, commercial director at Osprey Charging, said, “We’re delighted to be working with NewRiver to help futureproof their retail destinations by providing reliable, rapid EV charging for their retailers’ customers. This first charging site in Warminster is part of the re-charging network that will enable the decarbonization of transport in the UK, and NewRiver’s forward-thinking strategy will ensure they stay ahead of the curve by equipping their retail locations to meet growing EV charging demand.”
Osprey Charging will cover all installation and servicing costs for the rapid charging points, sharing profits with NewRiver, which aims to minimize financial risk for the retail property owner. This initiative is also part of Osprey’s broader strategy to expand its presence in the retail property sector, where it has already installed over 200 rapid charge points for various portfolio owners, including Ediston, London & Scottish Investments, M7 Real Estate and Brookhouse Group.