ABM and Mainspring Energy Sign Strategic Partnership
ABM (NYSE: ABM) has announced a strategic partnership with Mainspring Energy to enhance electric vehicle charging solutions through Mainspring's Linear Generator technology. The partnership aims to address power reliability challenges for commercial fleet operators implementing electrification strategies.
Mainspring's fuel-flexible generators can operate on various sustainable fuels including biogas, hydrogen, and ammonia, as well as traditional fuels. The collaboration will provide comprehensive Engineering, Procurement, and Construction services, along with maintenance support, integrating with ABM's existing solutions portfolio including RavenVolt switchgear.
ABM (NYSE: ABM) ha annunciato una partnership strategica con Mainspring Energy per migliorare le soluzioni di ricarica per veicoli elettrici sfruttando la tecnologia dei Generator Lineari di Mainspring. L'obiettivo della partnership è affrontare le sfide relative all'affidabilità dell'energia per gli operatori di flotte commerciali che stanno implementando strategie di elettrificazione.
I generatori flessibili di combustibile di Mainspring possono funzionare con vari combustibili sostenibili tra cui biogas, idrogeno e ammoniaca, oltre ai combustibili tradizionali. La collaborazione offrirà servizi completi di Ingegneria, Approvvigionamento e Costruzione, supporto alla manutenzione e integrazione con il portafoglio di soluzioni esistenti di ABM, incluso l'interruttore RavenVolt.
ABM (NYSE: ABM) ha anunciado una asociación estratégica con Mainspring Energy para mejorar las soluciones de carga de vehículos eléctricos a través de la tecnología del Generador Lineal de Mainspring. La asociación tiene como objetivo abordar los desafíos de confiabilidad energética para los operadores de flotas comerciales que implementan estrategias de electrificación.
Los generadores flexibles en combustible de Mainspring pueden funcionar con varios combustibles sostenibles, incluyendo biogás, hidrógeno y amoníaco, así como con combustibles tradicionales. La colaboración proporcionará servicios completos de Ingeniería, Aprovisionamiento y Construcción, así como soporte de mantenimiento, integrándose con el portafolio de soluciones existente de ABM, incluida la infraestructura de conmutación RavenVolt.
ABM (NYSE: ABM)는 Mainspring Energy와 전략적 파트너십을 발표하여 Mainspring의 선형 발전기 기술을 통해 전기차 충전 솔루션을 개선하기로 했습니다. 이 파트너십은 전기화 전략을 시행하는 상업용 차량 운영자들이 마주하는 전력 신뢰성 문제를 해소하는 것을 목표로 합니다.
Mainspring의 연료 유연한 발전기는 바이오가스, 수소, 암모니아와 같은 다양한 지속 가능한 연료뿐만 아니라 전통적인 연료로도 작동할 수 있습니다. 이 협력은 ABM의 기존 솔루션 포트폴리오와 통합되어 RavenVolt 스위치기어를 포함한 종합적으로 엔지니어링, 조달 및 건설 서비스와 유지보수 지원을 제공할 것입니다.
ABM (NYSE: ABM) a annoncé un partenariat stratégique avec Mainspring Energy pour améliorer les solutions de recharge pour véhicules électriques grâce à la technologie du Générateur Linéaire de Mainspring. Ce partenariat vise à relever les défis de fiabilité énergétique pour les opérateurs de flottes commerciales mettant en œuvre des stratégies d'électrification.
Les générateurs flexibles en carburant de Mainspring peuvent fonctionner avec divers carburants durables, y compris le biogaz, l'hydrogène et l'ammoniac, ainsi qu'avec des carburants traditionnels. La collaboration fournira des services intégrés d'Ingénierie, d'Approvisionnement et de Construction, ainsi qu'un support de maintenance, en intégrant les solutions existantes d'ABM, y compris le système de commutation RavenVolt.
ABM (NYSE: ABM) hat eine strategische Partnerschaft mit Mainspring Energy angekündigt, um die Lösungen für das Laden von Elektrofahrzeugen durch die Linear-Generator-Technologie von Mainspring zu verbessern. Das Ziel der Partnerschaft ist es, die Herausforderungen der Energiezuverlässigkeit für Betreiber von kommerziellen Flotten, die Elektrifizierungsstrategien umsetzen, anzugehen.
Die kraftstoffflexiblen Generatoren von Mainspring können mit verschiedenen nachhaltigen Brennstoffen, darunter Biogas, Wasserstoff und Ammoniak, sowie mit traditionellen Brennstoffen betrieben werden. Die Zusammenarbeit wird umfassende Ingenieur-, Beschaffungs- und Bauleistungen sowie Wartungsunterstützung bieten und sich in das bestehende Lösungsspektrum von ABM, einschließlich der RavenVolt-Schaltanlagen, integrieren.
- Strategic expansion into EV charging infrastructure solutions
- Partnership provides comprehensive EPC services and maintenance support
- Technology offers fuel flexibility, supporting both renewable and traditional fuels
- Integration with existing ABM solutions portfolio enhances service offerings
- None.
Insights
This strategic partnership marks a significant advancement in commercial EV infrastructure solutions. Mainspring's Linear Generator technology addresses critical power reliability challenges in fleet electrification through its fuel-flexible approach. The ability to utilize multiple fuel sources, from renewable biogas and hydrogen to traditional natural gas, provides valuable operational flexibility and future-proofs the investment.
The integration with ABM's existing infrastructure, particularly the RavenVolt switchgear, creates a comprehensive power generation ecosystem. This turnkey solution significantly reduces implementation complexity and time-to-market for fleet operators, while the multi-fuel capability offers a practical transition path to zero-emission operations. The partnership strengthens ABM's competitive position in the rapidly growing commercial EV infrastructure market.
This partnership positions ABM strategically in the expanding EV infrastructure market, particularly in the underserved commercial fleet segment. The deal enhances ABM's service portfolio with innovative power generation technology, potentially increasing revenue streams through new customer acquisition and expanded services to existing clients. The timing is particularly advantageous as commercial fleet electrification accelerates due to corporate sustainability initiatives and regulatory pressures.
The addition of Mainspring's technology addresses a critical market gap in reliable power infrastructure for fleet electrification, potentially accelerating ABM's growth in this sector. The comprehensive EPC services offering should drive higher-margin revenue opportunities and longer-term customer relationships.
Mainspring’s Linear Generator technology expands ABM’s growing portfolio of turnkey commercial fleet EV Charging and Power Resiliency infrastructure solutions
NEW YORK, Oct. 24, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of integrated facility services, infrastructure solutions, and parking management today announced a strategic partnership with Mainspring Energy, Inc., in which ABM will deploy Mainspring's cutting-edge Linear Generator technology to enhance electric vehicle (“EV”) charging solutions for fleet, commercial and industrial clients that require turnkey offerings and on-site power generation projects.
The availability and reliability of the power needed to support commercial fleets is often a main obstacle for commercial fleet operators seeking to deploy electrification strategies. Mainspring’s state-of-the-art Linear Generators provide efficient, on-site power by converting linear motion into electricity. The differentiated fuel-flexible generators can also directly run on highly sustainable renewable and zero-carbon fuels such as biogas, hydrogen, and ammonia, as well as traditional fuels like natural gas and propane, providing clients with important flexibility.
The technology’s ability to be quickly deployed at scale is particularly appealing to large fleet operators seeking to quickly and cost-effectively deploy resilient EV charging infrastructure while reducing emissions and working toward net-zero goals.
“Energy reliability, resiliency, efficiency, and speed-to-power are all top-of-mind as fleet operators invest in electrification,” said Mark Hawkinson, ABM’s President of Technical Solutions. “Integrating Mainspring's revolutionary Linear Generator technology within our growing energy infrastructure solutions portfolio strengthens ABM’s industry leadership position in delivering emerging and innovative technologies to meet the rapidly growing and evolving needs of our commercial and industrial customers.”
Through this partnership, Mainspring and ABM will provide comprehensive Engineering, Procurement, and Construction (“EPC”) services, alongside essential maintenance support. This synergy ensures that Mainspring's technology seamlessly integrates with ABM’s solutions portfolio, including RavenVolt switchgear where applicable, offering clients robust, turn-key power generation options tailored to their unique requirements.
“Our collaboration with ABM brings an end-to-end, sustainable solution for onsite power generation to a large new class of customers in the fleet EV sector,” said Adam Simpson, Chief Commercial Officer of Mainspring Energy, LLC. “Combining our Linear Generator technology with ABM’s deep expertise in EV charging solutions and facilities management allows us to not only meet the growing demand for EV infrastructure but to set a new standard for efficiency and reliability in power generation.”
For more information on ABM, its fleet EV infrastructure offerings, please visit www.abm.com/evfleets.
ABOUT ABM
ABM (NYSE: ABM) is one of the world’s largest providers of facility services and solutions. A driving force for a cleaner, healthier and more sustainable world, ABM provides essential services and forward-looking performance solutions that improve the spaces and places that matter most. From curbside to rooftop, ABM’s comprehensive services include janitorial, engineering, parking, electrical and lighting, energy and electric vehicle charging infrastructure, HVAC and mechanical, landscape and turf, and mission critical solutions. ABM serves a wide range of industries—from commercial office buildings to universities, airports, hospitals, data centers, manufacturing plants and distribution centers, entertainment venues and more. Founded in 1909, ABM serves over 20,000 clients, with annualized revenue exceeding
ABOUT MAINSPRING ENERGY
Mainspring Energy manufactures and delivers an innovative, fuel-flexible onsite power generator that rapidly adds new power capacity and accelerates the transition to the affordable, reliable, zero-carbon electric grid. The Mainspring Linear Generator is fully dispatchable and scalable from 250 kW to 100+MW, and it delivers on the potential of green hydrogen, ammonia, biogas and other fuels by generating low-cost, clean, resilient electricity. Customers include Fortune 500 companies such as Lineage Logistics, Prologis, and Kroger as well as utilities such as AEP, Florida Power and Light, and others. For more information, visit www.mainspringenergy.com.
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FAQ
What is the purpose of ABM's partnership with Mainspring Energy?
What types of fuel can Mainspring's Linear Generators use?
How will ABM and Mainspring collaborate in their partnership?
