It was possibly one of the most anticipated launches this year, but did you know there was also another very important 'Bond' launch that happened this week?
This one for the Park and Charge Oxfordshire project.
The Bicester-based EZ charge programme is looking to raise £1.2million to enable the rollout of electric vehicle charging hubs throughout Oxfordshire. Working with local crowd funders at Ethex, the bond pays 6% interest per annum for 10 years.
Once closed, the bond will pay for the electrical infrastructure to be completed for 140 state-of-the-art electic vehicle charge points, to be installed in 20 car parks throughout Oxfordshire. The first pilot site has already been commissioned in Bicester's Cattle Market and is proving a resounding success with six chargers offering electric vehicle charging at 25p per kWhr.
Oxfordshire’s £5.2 million Park and Charge project has already been awarded funding from Innovate UK as part of the government’s investment in British engineering to transform electric charging infrastructure.
The project is being delivered by Oxfordshire County Council, Zeta Lighting, Urban Integrated UK and the University of Oxford, with support from Cherwell District Council, West Oxfordshire District Council, South Oxfordshire District Council and the Vale of the White Horse District Council.
Zeta Specialist Lighting receives its EP:50 award for the Park and Charge Oxfordshire project
Back in the summer, the Park and Charge Oxfordshire programme – led by a nomination from Zeta Specialist Lighting – were one of two projects to be announced as winners in OxLEP's Energy Pathfinders 2050 (EP:50) competition (pictured above), which aims to showcase the county's most-impactful green transport and infrastructure initiatives.