- Blink Charging (BLNK +0.1%) wholly owned European subsidiary, Blue Corner signed a contract to sell and operate EV charging stations at the KU Leuven campuses across Belgium.
- The four-year sales contract also includes a 10-year service agreement for the operation of the charging stations.
- The sales and operations contract is valued at ~€1.5M or ~$1.8M.
- "We acquired Blue Corner precisely because of its strategic expertise, relationships, and market presence in Europe. This exclusive long-term contract with KU Leuven will bring accessible EV charging through the deployment of ~300 to 500 charging ports," founder & CEO Michael D. Farkas commented.
- Deployments will commence in the fall of 2021.