Blue Bird and Generate Capital Appoint General Manager for Clean Bus Solutions Joint Venture
Blue Bird (Nasdaq: BLBD) and Generate Capital have appointed Chris Baker as General Manager of their 50/50 joint venture, Clean Bus Solutions . This fleet electrification-as-a-service business aims to meet the growing demand for electric school buses and accelerate clean student transportation adoption in North America. Baker, an industry veteran with over 20 years of experience, will lead the venture's growth. The joint venture offers a turnkey electrification solution, including Blue Bird's electric school buses, charging infrastructure, financing, project management, and fleet optimization, all at an affordable monthly fee. This approach simplifies the transition to electric fleets for school districts by eliminating upfront costs and complexity.
Blue Bird (Nasdaq: BLBD) e Generate Capital hanno nominato Chris Baker come Direttore Generale della loro joint venture al 50/50, Clean Bus Solutions. Questa iniziativa di elettrificazione della flotta, che offre un servizio completo, mira a soddisfare la crescente domanda di autobus scolastici elettrici e accelerare l'adozione di un trasporto scolastico sostenibile in Nord America. Baker, un veterano del settore con oltre 20 anni di esperienza, guiderà la crescita della joint venture. La joint venture offre una soluzione di elettrificazione chiavi in mano, che comprende gli autobus scolastici elettrici di Blue Bird, l'infrastruttura di ricarica, il finanziamento, la gestione dei progetti e l'ottimizzazione della flotta, il tutto a una tariffa mensile accessibile. Questo approccio semplifica la transizione a flotte elettriche per i distretti scolastici, eliminando i costi iniziali e la complessità.
Blue Bird (Nasdaq: BLBD) y Generate Capital han nombrado a Chris Baker como Gerente General de su empresa conjunta al 50/50, Clean Bus Solutions. Este negocio de electrificación de flotas como servicio tiene como objetivo satisfacer la creciente demanda de autobuses escolares eléctricos y acelerar la adopción de un transporte escolar limpio en América del Norte. Baker, un veterano de la industria con más de 20 años de experiencia, liderará el crecimiento de la empresa conjunta. La empresa conjunta ofrece una solución de electrificación llave en mano, que incluye los autobuses escolares eléctricos de Blue Bird, infraestructura de carga, financiación, gestión de proyectos y optimización de flotas, todo a una tarifa mensual asequible. Este enfoque simplifica la transición a flotas eléctricas para los distritos escolares al eliminar costos iniciales y complejidad.
블루 버드(Nasdaq: BLBD)와 제너레이트 캐피탈은 크리스 베이커를 50/50 합작 투자인 클린 버스 솔루션의 총 책임자로 임명했습니다. 이 플릿 전기화 서비스 사업은 전기 학교 버스에 대한 증가하는 수요를 충족하고 북미에서 청정 학생 교통 수단의 채택을 가속화하는 것을 목표로 합니다. 20년 이상의 경력을 가진 업계 베테랑인 베이커가 이 사업의 성장을 이끌게 됩니다. 이 합작 투자는 블루 버드의 전기 학교 버스, 충전 인프라, 금융, 프로젝트 관리 및 플릿 최적화를 포함하는 턴키 전기화 솔루션을 제공합니다. 모든 서비스를 저렴한 월 요금으로 이용할 수 있습니다. 이 접근 방식은 초기 비용과 복잡성을 없애줌으로써 학교 구역이 전기 차량으로의 전환을 간소화할 수 있도록 합니다.
Blue Bird (Nasdaq: BLBD) et Generate Capital ont nommé Chris Baker au poste de Directeur Général de leur coentreprise à 50/50, Clean Bus Solutions. Ce service d'électrification de flotte vise à répondre à la demande croissante d'autobus scolaires électriques et à accélérer l'adoption d'un transport scolaire propre en Amérique du Nord. Baker, un vétéran de l'industrie avec plus de 20 ans d'expérience, dirigera la croissance de la coentreprise. La coentreprise propose une solution d'électrification clé en main, qui comprend les autobus scolaires électriques de Blue Bird, l'infrastructure de recharge, le financement, la gestion de projet et l'optimisation de la flotte, le tout à un tarif mensuel abordable. Cette approche simplifie la transition vers des flottes électriques pour les districts scolaires en éliminant les coûts initiaux et la complexité.
Blue Bird (Nasdaq: BLBD) und Generate Capital haben Chris Baker zum Geschäftsführer ihres 50/50-Joint Ventures Clean Bus Solutions ernannt. Dieses Unternehmen zur Elektrifizierung von Flotten als Dienstleistung zielt darauf ab, der wachsenden Nachfrage nach elektrischen Schulbussen gerecht zu werden und die Akzeptanz sauberer Schülertransporte in Nordamerika zu beschleunigen. Baker, ein Branchenveteran mit über 20 Jahren Erfahrung, wird das Wachstum des Joint Ventures leiten. Das Joint Venture bietet eine schlüsselfertige Elektrifizierungslösung, die die elektrischen Schulbusse von Blue Bird, die Ladeinfrastruktur, die Finanzierung, das Projektmanagement und die Flottenoptimierung umfasst, alles zu einer erschwinglichen monatlichen Gebühr. Dieser Ansatz vereinfacht den Übergang zu elektrischen Flotten für Schulbezirke, indem er anfängliche Kosten und Komplexität beseitigt.
- Appointment of experienced industry veteran Chris Baker as General Manager
- Joint venture with Generate Capital to accelerate electric school bus adoption
- Offering of turnkey electrification solution with no upfront costs for school districts
- Potential for business growth in the expanding electric school bus market
- None.
Industry Veteran Chris Baker to Head Fleet Electrification-as-a-Service Business
Blue Bird and Generate Capital have appointed industry veteran Chris Baker to General Manager of their 50/50 joint venture, Clean Bus Solutions LLC. (Photo: Business Wire)
Baker will lead Clean Bus Solutions and drive its dynamic business growth. The clean energy industry veteran brings more than two decades of general management, sales, and consulting experience to the organization. Most recently, Baker served as president of Enel Group’s
Baker holds bachelor degrees in Economics and Biology from the University of
“We are pleased to welcome Chris Baker to lead Clean Bus Solutions,” said Britton Smith, president of Blue Bird Corporation and chairman of Clean Bus Solutions LLC. “Chris brings a wealth of knowledge and expertise to our fleet electrification-as-a-service joint venture. He is driven and passionate about the electrification of student transportation. Blue Bird customers in
“Chris’s dedication to the infrastructure transition and extensive experience with fleet electrification will help communities clean the air their children breathe and deliver savings to school districts,” said Scott Jacobs, CEO and Co-Founder of Generate Capital. “We look forward to working with Chris to offer affordable and comprehensive fleet-as-a service solutions and accelerate the electrification of school buses across the United States.”
“I am delighted to join forces with two of the leaders in clean transportation,” added Chris Baker. “School bus electrification is one of the greatest economic and environmental opportunities for school districts and Clean Bus Solutions de-risks the transition process by offering best-in-class buses and smart charging solutions at no upfront cost.”
The joint venture’s fleet electrification-as-a-service offering will make it simpler for school districts to decarbonize their bus fleets by offering electric school buses and associated charging infrastructure at an affordable monthly fee. This turnkey electrification solution will include Blue Bird’s best-selling and widest range of electric school buses in the industry, financing of both electric vehicles and charging infrastructure, project planning and management as well as fleet and charging optimization.
About Blue Bird Corporation
Blue Bird (NASDAQ: BLBD) is recognized as a technology leader and innovator of school buses since its founding in 1927. Our dedicated team members design, engineer and manufacture school buses with a singular focus on safety, reliability, and durability. School buses carry the most precious cargo in the world – 25 million children twice a day – making them the most trusted mode of student transportation. The company is the proven leader in low- and zero-emission school buses with more than 20,000 propane, natural gas, and electric powered buses in operation today. Blue Bird is transforming the student transportation industry through cleaner energy solutions. For more information on Blue Bird's complete product and service portfolio, visit www.blue-bird.com.
About Generate Capital
Generate Capital is a leading sustainable investment and operating platform driving the infrastructure transition. Generate aims to provide the capital and help that developers, businesses, cities and communities need to accelerate cost savings, resilience and decarbonization. Since 2014, Generate has invested in and operated sustainable assets across six sectors: power, mobility, waste, green digital, water and agriculture, and industrial decarbonization. With more than
Forward Looking Statements
This press release includes forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to expectations for future financial performance, business strategies or expectations for our business and the joint venture described in this press release. Specifically, forward-looking statements include statements in this press release regarding earnings growth and Blue Bird’s future positioning and may include other statements preceded by, followed by or that include the words “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek,” “target” or similar expressions.
These forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date, and we do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. The factors described above, as well as risk factors described in reports filed with the SEC by us (available at www.sec.gov), could cause our actual results to differ materially from estimates or expectations reflected in such forward-looking statements.
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Blue Bird Investor Contact
Mark Benfield
Investor Relations
M: +1.478.822.2315
Mark.Benfield@blue-bird.com
Blue Bird Media Contact
Julianne Barclay
TSN Communications
M: +1.267.934.5340
E: julianne@tsncommunications.com
Generate Capital Media Contact
Elise Benoit
Marketing and Communications
Generate Capital
M: +1.415.299.7045
E: press@generatecapital.com
Source: Blue Bird Corporation and Generate Capital
FAQ
What is the purpose of Blue Bird's joint venture with Generate Capital?
Who has been appointed as the General Manager of Clean Bus Solutions ?
What does the fleet electrification-as-a-service offering include for Blue Bird (BLBD)?
How does Clean Bus Solutions benefit school districts looking to electrify their bus fleets?
