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Kempower delivers fast charging technology to MINUSINES S.A. for electric bus depots in Luxembourg
EV fast charging solutions provider Kempower will deliver DC fast charging technology to MINUSINES S.A. for several electric bus depots in Luxembourg. The value of the order is over EUR 2.5 million. The delivery includes Kempower C- and S-Series DC fast charging solutions and Kempower ChargEye backend and cloud solutions. The bus depots will be commissioned in 2022.
Kempower Oyj, Company Release, Insider information 25.2.2022 at 11:30 a.m. EET
EV fast charging solutions provider Kempower will deliver DC fast charging technology to MINUSINES S.A. for several electric bus depots in Luxembourg. The value of the order is over EUR 2.5 million. The delivery includes Kempower C- and S-Series DC fast charging solutions and Kempower ChargEye backend and cloud solutions. The bus depots will be commissioned in 2022.
Kempower’s official partner in Luxembourg, MINUSINES S.A., is a leading distributor of electrical equipment and professional lighting in Luxembourg. The bus depots are installed by MINUSINES installation partner SOCOM S.A.
Tomi Ristimäki, CEO, Kempower said: “We are happy to cooperate with our partner MINUSINES in this significant project, and to contribute to the development of cleaner public transportation in Luxembourg, one of the three official EU capitals. The Luxembourg bus depot projects represent an important step in Kempower’s strategy to expand into the Western European electric bus fast charging market.”
Further enquiries:
Tomi Ristimäki, CEO, Kempower
Tel. +358 29 0021900
Kempower, investor relations:
Jukka Kainulainen, CFO, Kempower
jukka.kainulainen@kempower.com
Tel. +358 29 0021900
Kempower, media relations:
Paula Savonen, Director, Communications, Kempower
Tel. +358 29 0021900
Certified Adviser
Alexander Corporate Finance Oy
Tel. +358 50 520 4098
About MINUSINES S.A.: https://www.minusines.lu/minusines/
About SOCOM S.A.: http://www.socom.lu/
About Kempower:
Kempower designs and manufactures DC fast charging solutions for electric vehicles and machines. We’re a team of electric vehicle enthusiasts with a deep understanding of the charging market and a hands-on mentality. Our product development and production are rooted in Finland, with a majority of our materials and components sourced locally. We focus on all areas of transportation, from personal cars and commercial vehicles to mining equipment, boats and motorsports. With Kemppi Group’s 70 years’ experience in perfecting DC power supplies, we set the bar high in engineering and user-experience design. Kempower is listed in the Nasdaq First North Growth Market Finland. www.kempower.com