Retail portfolio backed by Magnetar Capital and Northdale Advisors agrees on £3.5M deal with Be.EV...

We’re supercharging shopping centres across the UK!

We’re excited to announce that Be.EV is partnering with a Magnetar Capital-backed portfolio of retail centres to roll out 36 ultra-rapid charging bays across four major shopping destinations. This £3.5 million deal will revolutionise EV charging at Corby Town Centre Shopping (North Northamptonshire), One Stop Shopping (Perry Barr, Birmingham), Priory Shopping Centre (Dartford, Kent), and Yate Shopping Centre (South Gloucestershire).

These sites are set to become some of the largest ultra-rapid charging hubs in their regions, offering a much-needed boost to EV drivers visiting popular retailers like Tesco, ASDA, Sainsbury’s, Primark, M&S Outlet, Costa, B&M, and Home Bargains. It’s all part of our mission to provide fast, reliable charging where drivers need it most – while they shop, dine, and unwind!

One of the most exciting aspects of this project is in South Gloucestershire, which currently has one of the lowest numbers of EV chargers in the UK. Our new hub there will significantly increase the area’s charging provisions, supporting the growing number of EV drivers who shop and live in the region.

What Makes These Chargers Special?

We’re installing cutting-edge Kempower chargers (up to 150kW) at all four locations, offering up to 165 miles of range in just a 20-minute stop – perfect for quick trips and long journeys alike. These chargers also feature dynamic load-balancing, which intelligently distributes power between vehicles based on capacity and demand, meaning a better, more efficient charging experience even during peak times.

With thousands of visitors already frequenting these retail centres, the addition of EV charging hubs will drive even more footfall and increase the overall value of the sites. This partnership is a win for drivers, shoppers, and the local community alike.

Asif Ghafoor, CEO of Be.EV, said:  ​​”We are pleased to have forged this partnership with Magnetar and Northdale to bring ultra-rapid charging to shoppers across their portfolio. 

“We have extensive experience installing and maintaining chargers at retail parks up and down the country, which not only serve the local community but also boost retailer income through increased footfall.  

“We’re confident we’ll be able to do the same across Northdale’s portfolio - providing the right charger in the right place in the community is at the heart of the Be.EV ethos and we are pleased to be leading the way in delivering charging solutions for shoppers and landowners.” 

Tim Williams of Northdale Advisors Ltd added: ”We’re excited to partner with Be.EV on this transaction. The rollout of Be.EV’s ultra-rapid chargers across our portfolio will provide a market-leading amenity for our visitors while also attracting new customers to our retailers. Importantly, the transaction will also help us to deliver on our wider ESG strategy.