COMPLEO CHARGING SOLUTIONS AG Compleo Charging Solutions AG: New charging points for the federal capital

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12/05/2022 11:01

DGAP-News: Compleo Charging Solutions AG / Key word(s): Contract
Compleo Charging Solutions AG: New charging points for the federal capital

12.05.2022 / 11:01
The issuer is solely responsible for the content of this announcement.

New charging points for the federal capital

Berliner Stadtwerke GmbH to build charging infrastructure with Compleo hardware | Framework agreement over two years to supply charging columns | Consumer-oriented and internationally open payment solutions from Compleo key factors in cooperation

Dortmund, May 12, 2022: With Berliner Stadtwerke GmbH, Compleo Charging Solutions AG has gained another customer for a major project to expand urban charging infrastructure as part of a
EU-wide tender. The Berlin-based energy supplier will purchase a substantial number of DUO IMS charging stations over a period of two years. The first delivery is scheduled for as early as July 2022.

Compleo scored twice in the selection of the provider for Berliner Stadtwerke’s charging infrastructure projects: compliance with calibration laws and payment technology for non-discriminatory charging of electric vehicles. Transparent billing systems and simple and internationally open payment methods for charging are an enormously important convenience factor today. Drivers of electric cars expect simple and transparent payment options for their charging processes. The operators of charging infrastructure, on the other hand, need systems that enable legally compliant billing and simple management of the charging infrastructure.

“According to the charging station ordinance, card readers for payment must be available by July 1, 2023, when new charging stations are built. That’s why we’re starting construction well in advance. We will thus be able to offer a consumer-oriented solution in the future as well,” said Dr. Kerstin Busch, Managing Director of Berliner Stadtwerke GmbH. The municipal green power producer will take over responsibility for the public charging network in the capital and its expansion in the summer of 2022 and will present its plans afterwards.

Compleo was already a pioneer in the implementation of calibration law. The company was the first manufacturer to receive approval from the Physikalisch-Technische Bundesanstalt (PTB) for a DC charging station that complies with calibration law. Compleo was also one of the first suppliers on the market to offer AC solutions that conform to calibration regulations. Through the acquisitions of wallbe GmbH, innogy eMS GmbH and the bundling of technical know-how, Compleo can respond to the requirements of Stadtwerke Berlin even better. Compleo integrates direct payment technologies into its charging solutions from the outset and is thus once again one of the pioneers in the industry. “As a technology-driven company, we are driving payment innovation to make charging and paying at the charging station extremely easy for everyone - anywhere, anytime,” explained Alfred Vrieling, Vice President of Sales for Europe at Compleo.

“In doing so, Compleo also positions itself as open to technology. We continue to develop solutions that serve consumers and charging infrastructure operators alike and give them the choice between roaming or ad hoc payments at the charging point,” added Vrieling.

The total volume of the framework agreement is in the low single-digit millions. For Compleo, this cooperation represents yet another project in which charging solutions that comply with calibration regulations and mobile, web-based technologies are used at the charging station. In the meantime, more than 300 municipal utilities and energy providers already rely on Compleo’s technology.

About Compleo
Compleo Charging Solutions AG is one of the leading full-service providers of charging technology in Europe. The company supports its business customers with its charging technologies as well as its charging stations, the software of the charging infrastructure and, if required, also with planning, installation, maintenance and service. Compleo's offering includes both AC and DC charging stations. DC charging stations from Compleo are the first DC charging stations on the market that comply with calibration regulations. The company is headquartered in Dortmund, Germany, with production facilities located in Paderborn, Germany, in addition to Dortmund. The manufacturer focuses on innovation, safety, consumer-friendliness and cost-effectiveness. Its customers include Aldi, Allego, Clever, E.ON, EWE Go, Daimler, Siemens and more than 300 municipal utilities in Germany. Compleo started production of its first charging stations in 2009. The fast-growing company currently employs more than 550 people. Compleo is listed in the Prime Standard segment of the Frankfurt Stock Exchange (ISIN: DE000A2QDNX9). In April 2021, Compleo acquired 100 percent of the shares in wallbe GmbH, now Compleo Connect GmbH, and in January 2022 Compleo acquired 100 percent of the shares in innogy eMobility Solutions GmbH. More info at: compleo-cs.com/

Press Contact
Compleo Charging Solutions AG
Ralf Maushake
Head of Communications & Public Affairs
Email: r.maushake@compleo-cs.de
Phone: +49 231 534 923 865

Investor Relations Contact
Compleo Charging Solutions AG
Sebastian Grabert, CFA
VP Capital Markets & Corporate Finance
Email: ir@compleo-cs.de
Phone: +49 231 534 923 874

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12.05.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Compleo Charging Solutions AG
Oberste-Wilms-Straße 15a
44309 Dortmund
Phone: +49 231 534 923 70
E-mail: ir@compleo-cs.de
Internet: https://www.compleo-cs.com/
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1350715

End of News DGAP News Service

1350715  12.05.2022