Kimco brings NRG eVgo electric vehicle fast charging to Westlake Shopping Center

  Kimco brings NRG eVgo electric vehicle fast charging to Westlake Shopping
  Center

     eVgo Freedom Station sites planned for 7 Kimco centers in California

Business Wire

NEW HYDE PARK, N.Y. -- September 4, 2013

Kimco Realty Corp. (NYSE:KIM), owner and operator of the nation’s largest
shopping center portfolio, and NRG eVgo (ee-vee-go) are pleased to announce
the opening of the Bay Area’s first Freedom Station® at Westlake Shopping
Center in Daly City, Calif. The eVgo Freedom Station at Westlake offers
electric vehicle (EV) owners both rapid and traditional EV charging, and is
one of seven eVgo Freedom Station sites planned at Kimco retail centers in
California this year. eVgo Freedom Station sites include 480-volt “DC Fast
Chargers” and standard 240-volt “Level 2” chargers compatible with any
electric vehicle with a plug.

“We’re thrilled to have our first NRG eVgo Freedom Station up and running at
Westlake,” said David Jamieson, Kimco’s vice president of leasing and asset
management. “Californians drive more than one-third of the electric vehicles
in the country, so building a network of quick-charge stations at Kimco
centers, which are easily accessible by commuters, is a valued amenity to our
customers and retailers.”

“This NRG eVgo Freedom Station is an example of Kimco’s dedication to
sustainability and will enable drivers of zero and low emission vehicles to
use no or little gasoline while working, shopping or socializing at Westlake
Shopping Center,” said Terry O’Day, director of business development for NRG
eVgo in California. “Unveiling this first of seven NRG eVgo Freedom Station
sites with Kimco is an important milestone in making electric vehicles more
convenient for the citizens of Daly City, the Bay Area and the state of
California.”

The 686,000-square-foot Westlake Shopping Center is located at 402 Westlake
Center at the corner of John Daly Boulevard and Lake Merced Boulevard in Daly
City, Calif. The eVgo Freedom Station is situated on the first floor of
Westlake Shopping Center’s parking garage adjacent to The Home Depot.

The Westlake site offers the Bay Area’s first eVgo DC Fast Charger, which can
provide up to an 80 percent charge in about 30 minutes, and has been designed
to easily incorporate a second DC Fast Charger. The station also offers a
Level 2 charger, which can provide up to 24 miles of range per hour of charge.

Will Teichman, Kimco’s director of sustainability, commented, “The NRG eVgo
Freedom Station at Westlake is a significant example of Kimco’s commitment to
operate in an environmentally mindful way, and is one of several enhancements
we’ve made at the center. We’ve installed energy-efficient lighting in the
common areas, and added a state-of-the-art energy management system to monitor
and control usage.”

The seven eVgo Freedom Station sites planned at Kimco’s California centers
align with the state’s goal of 1.5 million zero-emission vehicles on
California’s roadways by 2025. eVgo is building electric vehicle charging
networks across the San Francisco Bay Area, San Joaquin Valley, Los Angeles
Basin and San Diego area. As more Freedom Station sites are built and the
network established, EV drivers will have access to hundreds of public
fast-charging sites along with Level 2 charging stations at homes, offices,
multi-family communities, schools and hospitals.

About Kimco

Kimco Realty Corp. (NYSE: KIM) is a real estate investment trust (REIT)
headquartered in New Hyde Park, N.Y., that owns and operates North America’s
largest portfolio of neighborhood and community shopping centers. As of June
30, 2013, the company owned interests in 874 shopping centers comprising 128
million square feet of leasable space across 43 states, Puerto Rico, Canada,
Mexico and South America. Publicly traded on the NYSE since 1991, and included
in the S&P 500 Index, the company has specialized in shopping center
acquisition, development and management for more than 50 years. For further
information, please visit www.kimcorealty.com, the company’s blog at
blog.kimcorealty.com, or follow Kimco on Twitter at
www.twitter.com/kimcorealty.

About NRG eVgo

The NRG eVgo network gives EV owners new freedom and range confidence via home
charging and fast charging stations conveniently located at major retailers
along highways across eVgo cities. Service plans offered by eVgo allow EV
owners to avoid paying large up-front costs for a home or work charger and
provide unlimited use of the eVgo network of Freedom Station^® sites —all for
one low monthly fee. eVgo is a wholly owned subsidiary of NRG Energy, Inc., a
Fortune 500 company at the forefront of changing how people think about and
use energy. NRG’s investment in EV charging infrastructure will provide EV
drivers with access to hundreds of public fast-charging Freedom Station sites
along with level 2 charging stations at homes, offices, multi-family
communities, schools and hospitals across California, Texas and the greater
Washington, D.C., metropolitan area. To find out more, or to join the eVgo
network, visit www.eVgoNetwork.com. Connect with eVgo on Facebook and follow
us on Twitter @evgonetwork.

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Contact:

Kimco Realty Corp.
David F. Bujnicki
Vice President, Investor Relations and Corporate Communications
1-866-831-4297
dbujnicki@kimcorealty.com
or
NRG eVgo
Carly Kade
Communications
281-407-1274
carly.kade@nrgenergy.com
 
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