Cole Tennant-Fry
Cole advises on a broad range of commercial real estate matters, including the acquisition and disposal of renewable energy projects, as well as acting for the funders of renewable energy projects. Cole also has experience of development projects and the property aspects of corporate transactions.
1 Contributions by Cole Tennant-Fry
PRACTICE NOTES
Electric vehicle charge point leasing for commercial property: grid connections, substations and wayleaves, turnover rent, lift and shift, funder protections and drafting issues (England and Wales)
Background
The number of electric vehicles is expected to rise sharply over the coming years, particularly as the UK plans to prohibit the sale of new petrol and diesel cars by 2035 (see: Government sets out path to zero emission vehicles by 2035). Major investment in the UK’s electric vehicle charging points (‘EVCP’) network will be needed to support the government’s push towards electric vehicles. It is therefore crucial for developers, charge point operators (‘CPOs’) and landlords to collaborate and capture the opportunities available in this relatively new market. In the real estate context, situations where EVCP issues may arise include:
an existing tenant seeking to install EVCPs within their demise or allocated parking bays, requiring a licence to alter from the landlord (and in some instances, a licence to alter outside the demise where cabling must be installed, see Precedent: Licence for alterations with works outside the demise). The landlord and tenant would need to agree, amongst other matters, whether the EVCP equipment (and associated cabling) should be removed at the end of the lease, reinstatement obligations, any impact on rent review, who would be responsible as
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Property
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