Parkland gets C$210 million financing for EV charging infrastructure

By Marisa Wong

Los Angeles, Nov. 17 – Parkland Corp. entered into an up to C$210 million financing agreement with Canada Infrastructure Bank (CIB), according to a press release.

The company said the financing positions it to strategically expand its electric vehicle charging network in communities across Canada. The loans pave the way for installing up to 2,000 new charging ports at up to 400 sites and represents CIB’s second investment under its charging and hydrogen refuelling infrastructure (CHRI) initiative.

Parkland is a North American convenience and fuel retailer based in Calgary, Alta.

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