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    Penske Energy created to guide commercial fleet electrification

    By Stacy Wescoe,

    2024-05-21

    Reading-based Penske Transportation Solutions has partnered with an industrial solar and battery firm to help commercial fleet operators with the challenges of switching to electric vehicles.

    Penske is working with ForeFront Power to form a new joint venture, which will be called Penske Energy LLC.

    The new venture aims to help commercial fleet operators plan, design, and deploy optimized EV charging infrastructure capabilities that support and safeguard their operations.

    "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.

    Penske Energy will provide fleet operators with comprehensive EV charging and energy infrastructure advisory consulting, including strategic and operational planning, technology assessment, infrastructure designs, and practical project implementation.

    "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 ForeFront Power team brings over a decade of experience working together to develop critical energy infrastructure for organizations ranging from airports to manufacturing facilities, food and beverage organizations, hospitals, and universities. 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."

    To guide fleet operators, Penske Energy brings expertise in assessing vehicle and route feasibility, tracking EV policy and incentive opportunities, and designing and sourcing proven EV charging infrastructure. By tapping its network of partners and technology suppliers, Penske Energy is geared to help streamline and simplify EV initiatives for its customers.

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