Provides Buy & Leaseback for Singapore’s leading Charge Point Operator
NaviX provides Buy & Leaseback for Singapore’s leading Charge Point Operator
Background
Most public Electric Vehicle Charging Infrastructure (EVCI) are invested and operated by Charge Point Operators (CPOs), with approval from the Land Transport Authority (LTA) in Singapore. CPOs provide Charging as-a-Service to the members of public, incurring a fixed tariff per kWh consumed by the end user. As the rate EVCI deployment are ahead of the adoption of EV, CPOs see a longer runway to realise their returns on investment.
Challenges Faced by Client
To execute more EV charger projects, especially for Schneider Electric DC chargers.
The NaviX Advantage
By proposing a Buy & Leaseback model, client is able to refocus their resources and capital on their operations and growth. This project is intended to serve as a trial initiative that will attract more opportunities in the future, as client is anticipating more EV chargers projects and is preparing for the upcoming DC chargers demand in 2024.
- Connected Products: 22kW AC chargers & 200A DB
- Bi-annual inspection and maintenance of EV Charging Infrastructure asset according to TR25
The Result
- Enable client to continue expansion of business
- Improve client’s balance sheet
- Limits volatility risks of owning the asset
Learn more:
NaviX provides Buy & Leaseback for Singapore’s leading Charge Point Operator
Background
Most public Electric Vehicle Charging Infrastructure (EVCI) are invested and operated by Charge Point Operators (CPOs), with approval from the Land Transport Authority (LTA) in Singapore. CPOs provide Charging as-a-Service to the members of public, incurring a fixed tariff per kWh consumed by the end user. As the rate EVCI deployment are ahead of the adoption of EV, CPOs see a longer runway to realise their returns on investment.
Challenges Faced by Client
To execute more EV charger projects, especially for Schneider Electric DC chargers.
The NaviX Advantage
By proposing a Buy & Leaseback model, client is able to refocus their resources and capital on their operations and growth. This project is intended to serve as a trial initiative that will attract more opportunities in the future, as client is anticipating more EV chargers projects and is preparing for the upcoming DC chargers demand in 2024.
- Connected Products: 22kW AC chargers & 200A DB
- Bi-annual inspection and maintenance of EV Charging Infrastructure asset according to TR25
The Result
- Enable client to continue expansion of business
- Improve client’s balance sheet
- Limits volatility risks of owning the asset
Learn more:
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