CALGARY, AB, Feb. 2, 2022 /PRNewswire/ - Parkland Corporation
("Parkland", "we", the "Company", or "our") (TSX: PKI), a leading
customer focused convenience retail and fuel marketing business,
announced today that it plans to build the 'Electric Charging
Destination of the Future' and set a new standard for electric
vehicle ("EV") charging and customer experience. Parkland has
developed its initial architectural concept by sponsoring an
international design competition operated by Electric Autonomy
Canada, a leading news platform focused on electric and autonomous
vehicle technologies.
"Consistent with our energy transition and convenience
destination strategy, our goal in sponsoring this competition was
to engage talented architects and designers from around the world,
invite them to put the needs of EV customers first, and entirely
reimagine their experience," said Darren
Smart, SVP Energy Transition and Corporate Development. "We
are committed to bringing the winning concept to life as part of
our ambitious EV charging strategy in British Columbia and believe the concept could
be extended to our other geographies when we see opportunity to
meet emerging customer demand."
A sustainably built electric charging destination of the
future
The winning design was created by James Silvester, an award-winning Scotland-based architect with extensive global
experience designing sustainable architecture. Named, 'More with
Less', the design creates a relaxing environment, where electric
vehicle drivers can take a breath, and recharge not just their
vehicles, but themselves.
"The environmentally friendly materials and modular nature of
the 'More with Less' concept, provides tremendous versatility,"
added Smart. "It can be scaled large or small, accommodate the
amenities we know EV customers value while they charge, such as our
ON the RUN convenience stores and high-quality dining. It
also creates a series of outdoor spaces. The result is a
destination that customers can enjoy and an environment where
nature is integral to the structure. We look forward to working
with James to further hone the design and identify a suitable
location where we can bring it to life and create a world-class
experience for EV drivers."
Parkland's continued commitment to energy transition and
renewables leadership
Bringing the winning design to life is
a natural extension of our energy transition and renewables
activities. This includes previously announced plans to open
British Columbia's largest network
(by site count) of ultra-fast electric vehicle chargers. These are
co-located with ON the RUN branded convenience stores and
Triple O's restaurants on high-traffic routes through British Columbia and into Calgary. We expect this network will be
complete in the second half of 2022. In addition, underpinned by
our commitment to a lower carbon future, we continue to extend our
leading co-processing and renewable fuel manufacturing capabilities
at our Burnaby Refinery.
About Parkland Corporation
Parkland's purpose is to
Power Journeys and Energize Communities. Through our portfolio of
trusted and locally relevant convenience, retail, commercial and
wholesale brands, we serve over one million customers per day
across Canada, the United States, the Caribbean region and Central and South America. In addition to leveraging our
supply and storage capabilities to provide the essential fuels that
our diverse customers rely on, we are a leader in renewable energy
and are rapidly building a charging network to serve growing demand
for convenient charging from electric vehicle drivers in select
markets.
Parkland's proven strategy is centered around growing
organically, realizing a supply advantage, acquiring prudently, and
integrating successfully. We are positioned to win through the
energy transition and are focused on developing our existing
business in resilient markets, further diversifying our retail
business into convenience, food, and EV charging, and helping our
commercial customers decarbonize their operations. Our strategy is
enabled and underpinned by our people, as well as our values of
safety, integrity, community, and respect, which are deeply
embedded across our organization.
ABOUT ELECTRIC AUTONOMY
Electric Autonomy is the
leading news and events platform focused on advancing Canada's transition to safer, cleaner, and
more affordable mobility and transportation through the adoption of
electric and autonomous vehicle technologies and new mobility
services. For more information:
https://electricautonomy.ca/
Forward Looking Statement
Certain statements contained
in this news release constitute forward-looking information and
statements (collectively, "forward-looking statements"). When used
in this news release the words "expect", "will", "could", "would",
"believe", "continue", "pursue" and similar expressions are
intended to identify forward-looking statements. In particular,
this news release contains forward-looking statements with respect
to, among other things, Parkland's plan to build the 'Electric
Fueling Station of the future' and set the global standard for
electric vehicle charging and customer experience, Parkland's
commitment to and expectations with respect to the 'More with Less'
concept, Parkland's energy transition activities, including its
plan to open British Columbia's
largest network (by site count) of ultrafast electric vehicle
chargers and details and timing with respect thereto.
These statements involve known and unknown risks, uncertainties
and other factors that may cause actual results or events to differ
materially from those anticipated in such forward-looking
statements. No assurance can be given that these expectations will
prove to be correct and such forward-looking statements included in
this news release should not be unduly relied upon. These
forward-looking statements speak only as of the date of this news
release. Parkland does not undertake any obligations to publicly
update or revise any forward-looking statements except as may be
required by securities law. Actual results could differ materially
from those anticipated in these forward-looking statements as a
result of numerous risks and uncertainties including, but not
limited to: failure to execute and realize all or any of the
anticipated benefits of Parkland's energy transition activities,
including with respect to its electric vehicles charging strategies
in British Columbia; general
economic, market and business conditions; competitive action by
other companies; the ability of suppliers to meet commitments;
actions by governmental authorities and other regulators including
but not limited to increases in taxes or restricted access to
markets; changes and developments in environmental and other
regulations; and other factors, many of which are beyond the
control of Parkland. See also the risks and uncertainties described
in "Forward-Looking Information" and "Risk Factors" included in
Parkland's Annual Information Form dated March 5, 2021, and "Forward-Looking Information"
and "Risk Factors" included in the Q3 2021 MD&A dated
November 2, 2021 and the Q4 2020
MD&A dated March 4, 2021, each
filed on SEDAR and available on the Parkland website at
www.parkland.ca.
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SOURCE Parkland Corporation