Fuels

bp Electrifies With Acquisitions

Amply Power and EDF Energy Services join brand
convenience store energy acquisition
Image courtesy of BP

HOUSTON — Amply Power is becoming part of bp’s global electrification brand, bp pulse, and the oil company is purchasing EDF Energy Services, expanding bp's presence in the U.S. commercial and industrial (C&I) retail power and gas business.

bp acquired Amply in December 2021. Worldwide, bp pulse operates around 16,000 charge points with an ambition to install 100,000 by 2030.

  • For more about bp's EV and convenience-store plans for the future, click here or read the September issue ofCSP magazine.

Based in Houston, EDF ES is a supplier of power, natural gas and related services to C&I customers across the United States. Its customers are primarily large corporations and public entities, including retailers. It does not supply residential consumers.  

Amply was built to facilitate electric vehicle (EV) adoption for fleets that operate trucks, transit and school buses, vans and light-duty vehicles through proprietary charge management software and its charging-as-a-service model. Amply’s founder and CEO, Vic Shao will become president of bp pulse’s fleet division in the Americas.

“bp pulse is one of bp’s priority growth areas that will deliver and symbolize bp’s transition to an integrated energy company as we continue our journey to net zero by 2050,” said Richard Bartlett, senior vice president for bp pulse.

The bp pulse team, now including Amply experience, is working to expand Amply’s Omega charge management software and charging-as-a-service (CaaS) model to new geographies. In addition, the team is looking to bring bp pulse’s experience in public charging from Europe to North America.

“There’s a fantastic mission here accelerating the decarbonization of mobility at scale as quickly as we can. Managing a fleet's charging operations is critical to the success of any electric fleet,” said Shao.

bp’s portfolio of U.S. brands services more than three million consumers daily. Its retail presence spans 7,300 sites in 35 states, including bp, ARCO, ampm, Amoco and Thorntons. It has different retail models across the country, ranging from company-owned retail stores, strategic partnerships, brand licensing, wholesale, business-to-business, dealer-owned and franchise-owned locations.

Members help make our journalism possible. Become a CSP member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Mergers & Acquisitions

Soft Landing Now, But If Anyone Is Happy, Please Stand Up to Be Seen

Addressing the economic elephants in the room and their impact on M&A

Foodservice

Opportunities Abound With Limited-Time Offers

For success, complement existing menu offerings, consider product availability and trends, and more, experts say

Snacks & Candy

How Convenience Stores Can Improve Meat Snack, Jerky Sales

Innovation, creative retailers help spark growth in the snack segment

Trending

More from our partners