Baseload Power Corporation receives $3.5 million in funding from Natural Resources Canada for an electric vehicle charging network

Baseload Power Corporation

Baseload Power Corporation receives $3.5 million in funding from Natural Resources Canada for an electric vehicle charging network

Baseload and NRCan today announced the funding partnership at Burlington Centre, the location of Baseload's newest operational electric vehicle charging station.

Baseload and NRCan today announced the funding partnership at Burlington Centre, the location of Baseload’s newest operational electric vehicle charging station.

BURLINGTON, Ont., June 30, 2022 (GLOBE NEWSWIRE) — Baseload Power Corp. (Baseload) is pleased to announce that it has received $3.5 million in funding through Natural Resources Canada (NRCan) Zero Emission Vehicle Infrastructure Program to support the growth of its electric vehicle (EV) charging network, AURA EV Charging (AURA), across Canada. Baseload and NRCan today announced the funding partnership at Burlington Centre, the location of Baseload’s newest operational electric vehicle charging station.

With funding from NRCan, Baseload’s AURA network will grow to 67 EV fast charging stations and 31 Level 2 medium-speed charging stations that will be installed and operational across Ontario and Quebec by the end of this year. year. The funding was received through NRCan’s Zero Emission Vehicle Infrastructure Program (ZEVP), which aims to support initiatives that help Canada meet its commitment to net zero emissions by 2050.

“Together with the Government of Canada, we are making the necessary investments in electric vehicle charging infrastructure to help ensure a sustainable future in Canada,” said Jonathan Sandler, President of Baseload. “The electrification of transportation is key to ensuring that we manage our planet well, leaving it better than we found it for our future generations.”

“We’re making electric vehicles more affordable and charging more accessible where Canadians live, work and play,” said the Honorable Jonathan Wilkinson, Minister of Natural Resources. “Investing in more EV chargers, like those announced today in Ontario, will put more Canadians in the driver’s seat on the path to a net zero future and help achieve our climate goals.

“Making zero-emission vehicles more affordable and investing in charging stations and infrastructure will mean cleaner air and a healthier environment for future generations. Our government will continue to make innovative investments to fight climate change in Burlington and across the country,” said the Honorable Karina Gould, Minister of Families, Children and Social Development and Member of Parliament for Burlington.

AURA offers turnkey electric vehicle charging solutions covering tiered charging speeds for commercial, work, fleet and home applications under various trade agreements. The AURA Network is located in major retail, work and commercial properties across Ontario, Quebec and British Columbia. Aura uses FLO’s electric vehicle charger operating system and design-build expertise from Smith & Long Ltd. to provide best-in-class EV charging reliability.

“We are very pleased to support AURA and Baseload Power in this major deployment,” said Louis Tremblay, President and CEO of FLO. “FLO’s expansion into key locations across Canada, particularly Ontario through the AURA network, has been key to the overall network growth, providing electric vehicle drivers with the service they expect and expect. deserve. »

AURA’s electric vehicle fast charging stations are located on commercial properties, including those owned by RioCan and co-owned by RioCan and KingSett Capital. “We are proud to make this announcement at Burlington Center and are excited to be working with co-owners RioCan and KingSett, both of which are leading Canadian real estate companies who share our enthusiasm for promoting EV adoption,” said Paul Merkur, CEO of Baseload. vice-president.

“As community stewards and a leader in the Canadian real estate industry, we strive to provide sustainable options for the communities in which we operate. We are excited about this important step in increasing the number of electric vehicle charging stations in our portfolio,” said Oliver Harrison, RioCan’s Senior Vice President, Operations.

“This important initiative with Baseload and RioCan aligns perfectly with KingSett’s commitment to advancing the fight against climate change and providing our stakeholders with greater access to clean transportation charging solutions,” said Theresa Warnaar, Senior Vice President, Retail and Asset Resilience at KingSett.

Baseload primarily focuses on the development and construction of electric vehicle charging, renewable energy and energy storage infrastructure. Baseload will continue to lead and invest in meeting future electric mobility needs by expanding its AURA network across Canada. AURA’s future plans include the provision of complementary services, such as the supply of 100% renewable electricity to all AURA users on the road, at work and at home and the implementation of innovative grid services. to help manage the significant impact electric vehicles will have on the power grid. .

About Basic Food

Baseload Power is a values-driven company that works with electricity users, landowners, utilities, stakeholders and partners to build sustainable electricity infrastructure that benefits individuals, businesses, communities and the world. Through the development, construction, ownership and management of sustainable electricity assets, including wind and solar generation projects, energy storage solutions and AURA EV CHARGING, a network of vehicle charging stations world-class electricity, we are helping to accelerate the transition to a low-carbon economy and a greener future. Baseload executives have been directly responsible for the development of over 5% of all renewable energy projects in operation in Ontario, Canada, and Baseload currently has a portfolio of over 2 GW of energy storage and renewable energy combined with energy storage projects in development across Canada. The company’s AURA network includes 20 locations that will offer DC fast-charging services for electric vehicles in Ontario and Quebec this year, with another 20 locations to be built in 2023.

www.auracharge.com

www.baseloadpower.ca

www.nrcan.gc.ca

www.flo.com

www.riocan.com

www.kingsettcapital.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/00720913-9945-485f-ae45-9914cbbfd2c9

CONTACT: For Baseload Power and AURA media interview requests or additional information, contact: Colleen Ryan 647-232-6867 [email protected]

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