Parkland Corp T.PKI

Alternate Symbol(s): PKIUF

Energy Oil & Gas Refining & Marketing

Parkland Corporation is an international fuel distributor, marketer and convenience retailer with operations in 26 countries across the Americas. The Company’s segments include Canada, International, USA and Refining. Its retail network meets the fuel and convenience needs of everyday consumers. It also provides a range of choices to help them lower their environmental impact. These include renewable fuel sourcing, manufacturing and blending, carbon and renewables trading, solar power, and ultra-fast electric vehicle charging. With approximately 4,000 retail and commercial locations across Canada, the United States and the Caribbean region, it has developed supply, distribution and trading capabilities. Its commercial business provides commercial, industrial and residential customers with the essential fuels, propane, lubricants and services they need. Its Burnaby Refinery plays a critical role in supplying its customers in British Columbia with conventional and low-carbon fuels.

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Parkland Corp

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Post by Betteryear2on Nov 16, 2023 6:55am

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Post# 35738485

Parkland positions to expand EV charging network

Secured up to $210 million financing from Canada Infrastructure Bank to help de-risk and fund future investment in EV charging
Multi-year opportunity to strengthen existing EV charging network in British Columbia and expand into other provinces with tangible consumer demand, including Ontario and Quebec

CALGARY, AB, Nov. 16, 2023 /CNW/ - Parkland Corporation ("Parkland", "we", the "Company", or "our") (TSX: PKI), today announced that it has secured up to $210 million of financing from Canada Infrastructure Bank ("CIB") to support the continued multi-year growth of its electric vehicle ("EV") charging network.

Parkland positions to expand EV charging network; secures dedicated Canada Infrastructure Bank EV financing (newswire.ca)