Penske Energy LLC, the new joint venture on EV infrastructure launched at ACT Expo
The Penske Energy joint venture will leverage the core strengths of both organizations, including Penske’s 55 years of experience providing commercial transportation solutions, and ForeFront Power’s deep experience as an award-winning developer and asset manager of zero-emission energy infrastructure.
Penske Transportation Solutions and ForeFront Power have formed a new joint venture named Penske Energy LLC, aimed at supporting commercial fleet operators to plan, design, and deploy optimized EV charging infrastructure capabilities that support and safeguard their operations. The brand-new initiative was launched at ACT Expo.
The Penske Energy joint venture will leverage the core strengths of both organizations, including Penske’s 55 years of experience providing commercial transportation solutions, and ForeFront Power’s deep experience as an award-winning developer and asset manager of zero-emission energy infrastructure.
Penske Energy LLC: the official statements
“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.
“We’re pleased to form the Penske Energy venture to support the commercial fleet electrification work accelerating across the U.S.,” added 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”.
