Penske Transportation Solutions and ForeFront Power announced a new joint venture, Penske Energy, that venture aims to help commercial fleet operators plan, design, and deploy EV charging infrastructure to accelerate the adoption of battery-electric vehicles.
“Together, we will create synergies benefitting commercial fleet customers by leveraging Penske’s deep fleet expertise along with ForeFront Power’s infrastructure and renewable energy development expertise,” said Drew Cullen, senior vice president of fuels and facilities at Penske Transportation Solutions.
Through this new service, fleets will be provided with comprehensive EV charging and energy infrastructure advisory consulting, including strategic and operational planning, technology assessment, infrastructure designs, and practical project implementation. Penske Energy joint venture will leverage the core strengths of both organizations, including Penske’s 55 years of experience providing commercial transportation solutions and ForeFront Power’s experience as an award-winning developer and asset manager of zero-emission energy infrastructure.
“We’re pleased to form the Penske Energy venture to support the commercial fleet electrification work accelerating across the U.S.,” said Dan Taylor, chief strategy officer at ForeFront Power. “The Penske Energy team is here to guide organizations through the entire process, from system design, to understanding incentives, to assisting with implementation and ongoing operation.”
Penske Energy experts will also assess vehicle and route feasibility, track EV policy and incentive opportunities, and design and source effective EV charging infrastructure, streamlining and simplifying EV initiatives for its customers.
“We’ll work with our longstanding supplier partners in the energy and energy infrastructure sector and bring to bear the best possible solutions available for our commercial fleet customers,” added Cullen. “Penske Truck Leasing has long been a trusted advisor with fleet operators and Penske Energy will follow the same collaborative, customer-focused approach to solving customer infrastructure challenges.”