OUTFRONT Media Inc. (NYSE: OUT) recently announced its agreement with Envision Solar International, Inc. (OTC: EVSI), pursuant to which OUTFRONT will market and sell the naming rights for Envision Solar's network of solar-powered electric vehicle EV ARC™ charging stations across San Diego.
Envision Solar's EV ARC™ charging stations are solar powered, wireless and transportable, providing for easily deployed, environmentally friendly energy, free of charge, to anyone driving an electric vehicle in San Diego. OUTFRONT Media will be responsible for procuring a naming rights sponsor for the EV ARC™ charging station network throughout San Diego, one of the most valuable advertising markets in the U.S., and Envision Solar will design, build and install the stations, showcasing how media sales can enable the advancement of clean energy use within one of America's great cities. The EV ARC™charging stations will also serve San Diego as a backup power service during emergency situations.
"We are excited to align with Envision Solar on this initiative," said Andy Sriubas, OUTFRONT Media's Chief Commercial Officer. "OUTFRONT Media is focused on enhancing outdoor community spaces and this partnership contributes to a better environment through the use of great media."
"At Envision Solar, there is a unique opportunity to work on projects with meaningful global impact," said Desmond Wheatley, President and CEO of Envision Solar. "Through our agreement with OUTFRONT Media we look forward to continued innovation in sustainable technology, working together to make it possible for people to drive in sunshine."
SOURCE OUTFRONT Media Inc.